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State Courts -
Delaware - March 3 - March 4, 2005
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Amaysing Techs. Corp. v. CyberAir Communs., Civil Action No. 19890-NC,
COURT OF CHANCERY OF DELAWARE, NEW CASTLE, March 3, 2005, Decided
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Overview: Personal jurisdiction over third-party defendants did not exist in a third-party securities fraud action because, though a conspiracy between third-party defendants was alleged, the conspiracy did not relate to the original breach of contract action, and, therefore, personal jurisdiction was lacking under Del. Code Ann. tit. 10, ? 3104.
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Gilliland v. Motorola, Inc., C.A. No. 411-N,
COURT OF CHANCERY OF DELAWARE, NEW CASTLE, March 4, 2005, Decided
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Overview: Court devised a remedy of quasi-appraisal for any minority stockholders that elected to opt in and to return a portion of their share price to the court in order to remedy notice deficiencies made by the majority shareholder under the Delaware appraisal law, Del. Code tit. 8, ? 262, when the majority shareholder transacted a short-form merger.
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