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Delaware courts
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- 1Court ruling triggers utility refunds for BGE, Pepco, Delmarva customers▼Court ruling triggers refunds for BGE, Pepco and Delmarva Power customers
A court ruling has triggered refunds for customers of Maryland-area utilities BGE, Pepco and Delmarva Power. The decision means residents in Baltimore, Washington DC and Delaware service areas may be owed money on past bills. Local news outlets are reporting on who qualifies, how the refunds will be issued, and when customers can expect to see the credits on their accounts.
- 2Kent County approves 25-acre solar farm despite opposition▼Kent County Levy Court passes 25-acre solar farm despite some public opposition
Kent County's Levy Court in Delaware has approved plans for a 25-acre solar farm, a decision that went ahead despite objections from some local residents. The project adds to growing renewable energy development in the state. Supporters see it as a step toward cleaner energy, while opponents raised concerns about land use and the farm's impact on the community.
- 3Delaware updates hunting rules after court age ruling▼DNREC updates Delaware hunting regulations after state Supreme Court ruling on hunters age requirement
Delaware's Department of Natural Resources and Environmental Control has updated the state's hunting regulations following a Delaware Supreme Court ruling concerning the minimum age requirement for hunters. The decision prompted the agency to revise its rules to bring them in line with the court's interpretation. Local outlets are reporting the regulatory changes, though details of the ruling and the specific amendments have not been widely circulated.
- 4Liquidia Shares Plunge 57% After Delaware Court Ruling▼Liquidia Stock Crashed 57% in a Day After a Delaware Court Ruling. An Appeal Could Decide Whether Shares Rebound.
Liquidia shares collapsed 57% in a single trading day following a ruling by a Delaware court, wiping out a large portion of the biotech's market value. Investors are now watching whether an appeal could reverse the decision and allow the stock to recover. The case centers on a legal dispute with implications for the company's key product.
- 5Delaware Court Overturns $22.7 Million Award Against Gogo●Gogo Inc. Says Delaware Court Overturns SmartSky $22.7 Million Damages Award
Gogo Inc. says a Delaware court has overturned a $22.7 million damages award that had been won by SmartSky, its rival in in-flight connectivity. The ruling removes a significant financial liability for Gogo in the ongoing patent and business dispute between the two aviation communications companies, and could shift momentum in their broader legal fight.
- 6Silver Lake lawsuit targets hedge fund appraisal arbitrage●Silver Lake lawsuit takes aim at hedge fund appraisal arbitrage
Silver Lake has filed a lawsuit taking aim at hedge funds' appraisal arbitrage strategies. The practice, in which funds buy shares of companies undergoing buyouts to seek higher valuation through appraisal proceedings, has drawn criticism from private equity firms who see it as exploiting deal terms. The case could sharpen the ongoing legal fight over how Delaware courts value shares in merger disputes.