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| Stone v. Ritter, Civil Action No. 1570-N,
COURT OF CHANCERY OF DELAWARE, SUSSEX, January 26, 2006, Decided , January 26, 2006, Filed
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Overview: Shareholders' attempt at a derivative action was dismissed under Del. Ch. Ct. R. 23.1, as the shareholders failed to plead with specific particularity that the directors were liable for any wrongdoing in failing to institute sufficient internal controls to guard against violations of the Bank Secrecy Act and anti-money laundering regulation.
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| Webber v. Anderson Homes, LLC, C.A. No. 05C-05-047(JRJ),
SUPERIOR COURT OF DELAWARE, NEW CASTLE, January 26, 2006, Decided
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Overview: Company's summary judgment motion as to a real estate agent's action seeking to recover a buyer broker's commission on the sale of a home was denied, because an issue of material fact existed as to whether the company fraudulently and intentionally omitted the agent from a sales contract in order to avoid paying the commission.
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