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State Courts -
Delaware - August 3, 2007
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Brandt v. Rokeby Realty Co., C.A. No. 97C-10-132-RFS,
SUPERIOR COURT OF DELAWARE, NEW CASTLE, August 3, 2007, Decided
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Overview: Realty company's motion in limine to exclude expert testimony on lost earnings in a personal injury action was denied; the company was late in alleging Daubert issues, so the court would not consider them, and in any event, the use of a five-year earnings average as a base for the calculated $2,928,717.00 lost earnings was reasonable.
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CBOT Holdings, Inc. v. Chi. Bd. Options Exch., Inc., C.A. No. 2369-VCN,
COURT OF CHANCERY OF DELAWARE, NEW CASTLE, August 3, 2007, Decided
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Overview: Trial court ordered action filed by the corporation, board of trade, and full board members for injunctive and declaratory relief be stayed to allow SEC to consider non-stock corporation's rule filing; SEC's decision might end certain member rights and, thus, its jurisdiction over member matters and judicial economy dictated letting it rule first.
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