Judge schedules additional hearing in PeopleSoft case, delaying decision

[JURIST] A Delaware Chancery Court judge Wednesday ordered an additional hearing in Oracle's case against PeopleSoft, delaying a decision on whether to remove PeopleSoft's anti-takeover provisions in the event of a merger with Oracle. The case was previously argued before Vice Chancellor Leo Strine over two weeks in October, but Strine ruled that another hearing was needed to consider new evidence, including the European Commission's decision not to block the takeover bid. The new hearings are set for Dec. 13 and 14. CNET News has more.



 

About Paper Chase

Paper Chase is JURIST's real-time legal news service, powered by a team of 30 law student reporters and editors led by law professor Bernard Hibbitts at the University of Pittsburgh School of Law. As an educational service, Paper Chase is dedicated to presenting important legal news and materials rapidly, objectively and intelligibly in an accessible format.

© Copyright JURIST Legal News and Research Services, Inc., 2013.