Delaware

Delaware judge refuses to fast-track certain claims in post-merger lawsuit against Trump Media

Published

9 months ago

April 30, 2024

Delaware judge refuses to fast-track certain claims in post-merger lawsuit against Trump Media

A Delaware judge has granted a request by attorneys for Donald Trump and Trump Media & Technology Group, parent company of his Truth Social platform, to slow down a merger-related lawsuit filed by two cofounders of the company

DOVER, Del. — A Delaware judge on Tuesday granted a request by attorneys for Donald Trump and Trump Media & Technology Group, parent company of his Truth Social platform, to slow down a lawsuit filed by two cofounders of the company.

Vice Chancellor Morgan Zurn said Andrew Litinsky and Wesley Moss, former contestants on Trump’s TV show, “The Apprentice,” failed to justify putting certain claims in their lawsuit on a fast track for court rulings.

Litinsky and Moss filed a lawsuit in February claiming that Trump Media planned to dilute their stake in the company as part of a merger that took it public in late March. A different judge agreed to fast-track that lawsuit given the impending merger date. However, the plaintiffs’ concerns about their limited liability company’s 8.6% stake in Trump Media being diluted were mooted when defense attorneys assured the judge that the LLC, United Atlantic Ventures, would suffer no merger-related dilution.

Following the merger, UAV filed a second amended complaint claiming that Trump and other defendants improperly imposed a “lock up” provision preventing UAV from selling its shares in the public company for six months. They simultaneously argued that the case should remain on the fast track because they would be harmed if they have to wait six months to sell their shares.

Zurn noted that UAV was on notice about the lockup provision on Feb. 12 as the result of a filing that day with the Securities and Exchange Commission. That was followed by two other SEC filings documenting the lockup provision.

UAV also wanted Zurn to fast-track arguments on its request for an “anti-suit injunction” prohibiting Trump Media from pursuing a Florida lawsuit against UAV. That lawsuit alleges that, because of pre-merger mismanagement by Moss and Litinsky, UAV has no right to own shares in the newly public Trump Media company. The Florida lawsuit also challenges UAV’s assertion that it has the right to appoint two directors to the Trump Media board.

Attorneys for Trump Media argue that the Florida lawsuit does not violate the Delaware court order because UAV in fact received its post-merger shares. They also say the venue provision does not apply to Trump Media and Technology Group.

Zurn said she was reluctant to expedite arguments on whether the Florida lawsuit complies with the venue provision, and whether its claims should be governed by Delaware law. She did say, however, that arguments on whether the filing of the Florida lawsuit violated the March 15 court order in Delaware “should be heard rapidly.”

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Delaware

How much snow are we getting? See the Delaware weather forecast for this weekend

Published

4 hours ago

January 17, 2025

Press Room

How much snow are we getting? See the Delaware weather forecast for this weekend

Another weekend, another chance for snow in Delaware and the surrounding region.

Following a dusting of snow for some parts of our area, the weekend forecast for the First State likely will include some snowfall. But how much?

Here’s the latest outlook:

How much snow are we getting?

A storm could drop anywhere from a dusting to 4 inches of snow in Delaware from Sunday afternoon through Sunday evening.

Between 3 and 4 inches could fall in most of New Castle County with the southern portion currently projected to get 2 to 3 inches, according to the National Weather Service in Mount Holly, New Jersey.

Meanwhile, most of Kent County and the northern portion of Sussex County could see 1 to 2 inches with the Delaware beaches likely to get less than an inch, the weather service said.

As of Friday morning, here is the probability of 2 inches of snow in Delaware:

Wilmington: 68%
Dover: 41%
Bethany Beach: 2%

During the storm, snowfall rates could exceed 1 inch per hour near and northwest of the I-95 corridor, they said.

Will it snow for the Eagles game?

The Philadelphia Eagles are set to take on the Los Angeles Rams in a divisional-round playoff matchup at 3 p.m. at Lincoln Financial Field in Philadelphia. If the weather forecast holds, this will mean snow is likely to fall throughout the game, giving the Eagles a decisive weather advantage over the West Coast team.

Dangerously cold temps coming

Following the snow, temperatures will likely fall below freezing Sunday night and remain below freezing until at least Friday, according to the weather service. The coldest period will be Monday night through Thursday morning.

Throughout the week, high temperatures will be in the teens with lows in the single digits to below zero.

Night-time wind chills are projected to be below zero and recover into the single digits only during the daytime, the weather service said.

Here is the estimated minimum wind chills for next week:

Wilmington: minus 8 degrees
Dover: minus 9 degrees
Bethany Beach: minus 6 degrees

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Delaware

Delaware Lottery Play 3 Day, Play 3 Night winning numbers for Jan. 16, 2025

Published

11 hours ago

January 17, 2025

Press Room

Delaware Lottery Play 3 Day, Play 3 Night winning numbers for Jan. 16, 2025

The Delaware Lottery offers several draw games for those aiming to win big. Here’s a look at Thursday, Jan. 16, 2025 results for each game:

Winning Play 3 numbers from Jan. 16 drawing

Day: 8-9-2

Night: 4-7-5

Check Play 3 payouts and previous drawings here.

Winning Play 4 numbers from Jan. 16 drawing

Day: 3-5-9-6

Night: 7-6-3-1

Check Play 4 payouts and previous drawings here.

Winning Multi-Win Lotto numbers from Jan. 16 drawing

02-18-22-24-31-32

Check Multi-Win Lotto payouts and previous drawings here.

Winning Lucky For Life numbers from Jan. 16 drawing

13-20-29-32-37, Lucky Ball: 06

Check Lucky For Life payouts and previous drawings here.

Winning Play 5 numbers from Jan. 16 drawing

Day: 6-0-0-3-1

Night: 8-7-8-1-6

Check Play 5 payouts and previous drawings here.

Feeling lucky? Explore the latest lottery news & results

Are you a winner? Here’s how to claim your lottery prize

Sign the Ticket: Establish legal ownership by signing the back of your ticket with an ink pen.
Prizes up to $599: Claim at any Delaware Lottery Retailer, in person at the Delaware Lottery Office, or mail your signed ticket and claim form; print your name/address on the ticket’s back and keep a copy/photo for records. By mail, send original tickets and documentation to: Delaware Lottery, 1575 McKee Road, Suite 102, Dover, DE 19904.
Prizes up to $2,500: Claim in person at Delaware Lottery Retailer Claim Centers throughout Kent, Sussex and New Castle Counties.
Prizes of $5,001 or more: Claim in person at the Delaware Lottery Office (business days 8 a.m. to 4 p.m.) with a photo ID and Social Security card.
For all prize claims, directions to the Delaware Lottery Office are available online or via mapquest.com for a map.

Check previous winning numbers and payouts at Delaware Lottery.

Can I claim a jackpot prize anonymously in Delaware?

Fortunately for First State residents, the Delaware Lottery allows winners remain anonymous. Unlike many other states that require a prize be over a certain jackpot, Delawareans can remain anonymous no matter how much, or how little, they win.

How long do I have to claim my prize in Delaware?

Tickets are valid for up to one year past the drawing date for drawing game prizes or within one year of the announced end of sales for Instant Games, according to delottery.com.

When are the Delaware Lottery drawings held?

Powerball: 10:59 p.m. Monday, Wednesday, and Saturday.
Mega Millions: 11:00 p.m. on Tuesday and Friday.
Play 3, 4: Daily at 1:58 p.m. and 7:57 p.m., except Sunday afternoon.
Multi-Win Lotto: 7:57 p.m. Monday, Wednesday, and Friday.
Lucky for Life: Daily at 10:38 p.m.
Lotto America: 11:00 p.m. Monday, Wednesday, and Saturday

Missed a draw? Peek at the past week’s winning numbers.

This results page was generated automatically using information from TinBu and a template written and reviewed by a Delaware Online digital operations manager. You can send feedback using this form.

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