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Trade & Procurement
Recent changes
SEC Order Directing Third Disbursement of Fair Fund in Computer Sciences Corporation Matter
The SEC has issued an order directing a third disbursement of Fair Funds in the administrative proceeding against Computer Sciences Corporation. Approximately $517,004.73 will be distributed to harmed investors, bringing the total disbursed to 22.23% of their recognized claims.
Stonebridge Townhomes Owner's Association v. Ptoomey - Adverse Possession Dispute
The Delaware Court of Chancery issued a final report in the dispute between Stonebridge Townhomes Owner's Association and homeowners Mark and Martha Ptoomey. The court ruled against the homeowners' adverse possession claim, finding they failed to meet their burden of proof and ordering the contested area returned to the association at the homeowners' expense.
Van Horn v. Townsend Real Estate - Adverse Possession Case
The Delaware Court of Chancery issued an opinion in Van Horn v. Townsend Real Estate, ruling in favor of Michael Van Horn regarding a property dispute. The court found that Van Horn met the criteria for adverse possession, vesting title to the disputed land in him.
Stercula v. Wengert, Heimbach, and Wilson - Forged Deed Case
The Delaware Court of Chancery ruled against Larry Stercula in his claim that a deed transferring property was forged. The court found that Stercula failed to prove the deed was forged and ruled in favor of the defendants, upholding the property transfer.
Delaware Court of Chancery rules against Edmondson in takeover dispute
The Delaware Court of Chancery ruled against Roy Mitchell Edmondson in a takeover dispute concerning Teliporter (US) Inc. The court found Edmondson's actions to validate his takeover were barred by equitable estoppel and unclean hands, voiding his stock issuance.
SEC Adopts Final Rules for Holding Foreign Insiders Accountable Act
The SEC has adopted final rules and form amendments implementing the Holding Foreign Insiders Accountable Act (HFIA). These changes require directors and officers of foreign private issuers to electronically disclose their holdings and transactions in the issuer's equity securities, effective March 18, 2026.
SEC and FSA Hold Dialogue on Market Developments and Crypto
The SEC and Japan's FSA held their Spring Financial Regulatory Dialogue to discuss market developments, including crypto and digital assets. The meeting aimed to strengthen cooperation on cross-border issues and enhance investor protection in global capital markets.
Delaware Supreme Court Opinion on Corporate Law Amendments
The Delaware Supreme Court issued an opinion answering certified questions of law regarding recent amendments to the Delaware General Corporation Law (DGCL). The court's decision addresses the constitutionality of these amendments, impacting corporate governance and legal frameworks within the state.
West v. Emig - Motion for Reconsideration in Habeas Corpus Case
The U.S. District Court for the District of Delaware denied Petitioner Christopher H. West's motion for reconsideration in his federal habeas corpus case. The court found the motion to be an unauthorized successive habeas request, lacking jurisdiction.
Empire Technology Development LLC v. Advanced Micro Devices, Inc - Patent Infringement
The U.S. District Court for the District of Delaware issued an opinion and order in the patent infringement case between Empire Technology Development LLC and Advanced Micro Devices, Inc. The court granted in part and denied in part the defendant's motion for judgment on the pleadings regarding alleged infringement of U.S. Patent Numbers 9,367,370 and 9,671,850.
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