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State Courts -
Delaware - May 17 - May 18, 2007
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Fedirko v. G&G Constr., Inc., C.A. No. 07C-01-045 WLW,
SUPERIOR COURT OF DELAWARE, KENT, May 18, 2007, Submitted, May 18, 2007, Decided; May 22, 2007, Written Decision
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Overview: Party absent from plaintiffs contract action was not necessary party, as plaintiffs obtained assignment from absent party by which absent party gave up all rights to file lawsuit based on claim arising from contract and assigned rights to plaintiffs. As such, neither Del. Super. Ct. R. Civ. P. 19(a)(1) nor (2) could be met in this instance.
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Openwave Sys. v. Harbinger Capital Partners Master Fund I, Ltd., C.A. No. 2690-VCL,
COURT OF CHANCERY OF DELAWARE, NEW CASTLE, May 18, 2007, Decided
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Overview: Corporation and its chairman were awarded judgment in an action under Del. Code Ann. tit. 8, ? 225 because a hedge fund, which owned stock in the corporation, did not comply with any nomination deadline for directors under any reasonable reading of the bylaws. The fund was thus not excused from compliance with the bylaws in nominating directors.
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