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Top News & Analysis Delaware

  • WASHINGTON, March 27- The U.S. Supreme Court on Monday struggled over whether to upend nearly 30 years of law governing patent lawsuits that critics say allows often-baseless litigants to sue in friendly courts, giving them the upper hand over high-technology companies such as Apple Inc and Alphabet Inc's Google. The justices heard an hour of arguments in an...

  • WASHINGTON, March 27- The U.S. Supreme Court on Monday struggled over whether to upend nearly 30 years of law governing patent lawsuits that critics say allows often-baseless litigants to sue in friendly courts, giving them the upper hand over high-technology companies such as Apple Inc and Alphabet Inc's Google. The justices heard an hour of arguments in an...

  • LONDON/ HOUSTON, March 27- Royal Dutch Shell Plc and Anadarko Petroleum Corp may let a 10- year joint venture in the oil-rich Permian Basin of Texas expire and split their properties, hoping to speed up development, according to a senior Shell executive. Shell and Anadarko have been discussing how to proceed after the partnership agreement expires this summer...

  • NEW YORK, March 21- A New York energy investor was sentenced to five years and 10 months in prison on Tuesday after he pleaded guilty to engaging in a years-long scheme to avoid more than $45 million in income and other taxes. District Judge Analisa Torres in Manhattan federal court, according to federal prosecutors. Prosecutors said Zukerman schemed to evade...

  • BOSTON, March 21- Sanofi SA and Regeneron Pharmaceuticals Inc have filed a lawsuit seeking a court order declaring that their eczema drug Dupixent, awaiting a U.S. approval decision, does not infringe an Amgen Inc patent for a failed asthma treatment. The lawsuit, filed in federal court in Boston on Monday, was intended to preempt one expected to be brought by Amgen,...

  • BOSTON, March 21- Sanofi SA and Regeneron Pharmaceuticals Inc filed a lawsuit seeking a court order declaring that their eczema drug Dupixent, awaiting a U.S. approval decision, does not infringe an Amgen Inc patent for a failed asthma treatment. Sanofi and Regeneron argue they have spent hundreds of millions of dollars developing Dupixent, which earned...

  • March 21- Marathon Oil Corp said on Tuesday it bought additional acreage in the Permian basin for about $700 million, the company's second purchase in less than two weeks as it focuses on higher-margin, lower-cost U.S. assets. The about 21,000 acres, situated in the Northern Delaware basin of New Mexico, was acquired from Black Mountain Oil& Gas and other private...

  • March 20- Westinghouse Electric Co LLC, the nuclear power plant developer owned by Japanese electronics company Toshiba Corp, is taking offers for a financing package to help it go through U.S. bankruptcy, people familiar with the matter said on Monday. Should it file for bankruptcy, the money would allow Westinghouse to continue to pay employees and build four...

  • March 20- Westinghouse Electric Co LLC, the nuclear power plant developer owned by Japanese electronics company Toshiba Corp, is taking offers for a financing package to help it go through U.S. bankruptcy, people familiar with the matter said on Monday. Should it file for bankruptcy, the money would allow Westinghouse to continue to pay employees and build four...

  • MIAMI/ MOSCOW, March 17- During the 2016 presidential campaign, Donald J. Trump downplayed his business ties with Russia. I can tell you, speaking for myself, I own nothing in Russia, President Trump said at a news conference last month. I have no loans in Russia.

  • March 16- A U.S. bankruptcy judge said on Thursday he would approve a plan by Peabody Energy Corp, the world's largest private sector coal producer, to exit Chapter 11 bankruptcy subject to discussions with the U.S. Department of Justice.

  • Those investors- who said in court filings that they own between 5 and 7 percent of the unsecured bonds- will argue in U.S. Bankruptcy Court in St. Louis that Peabody's reorganization plan should be rejected because it violates a bankruptcy statute requiring equal treatment for owners of the same securities. "This is absolutely theft from a small group of people...

  • NEW YORK/ TOKYO, March 9- U.S. nuclear firm Westinghouse Electric Co LLC has hired bankruptcy attorneys, in a sign that owner Toshiba Corp is more seriously weighing a Chapter 11 filing as an option to help it rein in a multibillion dollar financial maelstrom. People familiar with the matter said the nuclear engineering company had brought in law firm Weil Gotshal&...

  • NEW YORK/ TOKYO, March 9- U.S. nuclear firm Westinghouse Electric Co LLC has hired bankruptcy attorneys, in a sign that owner Toshiba Corp is more seriously weighing a Chapter 11 filing as an option to help it rein in a multibillion dollar financial maelstrom. People familiar with the matter said Toshiba had hired law firm Weil Gotshal& Manges LLP as an exploratory...

  • March 8- U.S. electronics chain RadioShack Corp filed for bankruptcy on Wednesday for the second time in a little over two years, faced with a challenging retail environment and an unsatisfying partnership with wireless provider Sprint Corp.. The Chapter 11 filing comes after RadioShack, owned by General Wireless Operations Inc, tried to revitalize its...

  • March 8- U.S. electronics chain RadioShack Corp filed for bankruptcy on Wednesday for the second time in a little over two years, faced with a challenging retail environment and an unsatisfying partnership with wireless provider Sprint Corp.. The Chapter 11 filing comes after RadioShack, owned by General Wireless Operations Inc, tried to revitalize its...

  • March 8- U.S. electronics chain RadioShack Corp filed for bankruptcy on Wednesday for the second time in a little over two years, faced with a challenging retail environment and an unsatisfying partnership with wireless provider Sprint Corp.. General Wireless, an affiliate of hedge fund Standard General LP that acquired the RadioShack brand in 2015, filed...

  • March 8- General Wireless Operations Inc, which acquired the RadioShack brand in 2015, said on Wednesday it has filed for bankruptcy protection. General Wireless, an affiliate of hedge fund Standard General LP, filed for a Chapter 11 reorganization and listed assets and liabilities in the range of 100 million to 500 million in the U.S. bankruptcy court for the...

  • BANKRUPTCY COURT FOR DISTRICT OF DELAWARE- COURT FILING.

  • March 8- Westinghouse Electric Co LLC, the U.S. nuclear power plant developer owned by troubled Japanese electronics giant Toshiba Corp, has brought in bankruptcy attorneys from law firm Weil Gotshal& Manges LLP, people familiar with the matter said on Wednesday. A Westinghouse spokeswoman declined to comment on Weil's role, but said that Westinghouse has...