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August 2016 Archives

Litigation woes persist for Dell-EMC merger

North Dakota residents who follow the technology sector will no doubt be aware of the proposed merger between Dell Inc. and EMC Corp. The $60 million dollar deal was first proposed in October 2015, and an EMC filing with the U.S. Securities and Exchange Commission indicates that it will likely be completed by Sept. 30. However, the path from proposal to completion has not been an easy one for the technology powerhouses, and at least one of 15 class action lawsuits filed in connection with the deal will be heard by an appeals court.

Bollywood star sued for $500K for breach of contract

North Dakota fans of Bollywood star Mohit Chauhan might be interested in learning that he is currently facing a civil lawsuit in the U.S. alleging that he breached a contract to perform. According to sources, the plaintiff company is demanding that he be ordered to pay them half a million dollars in damages.

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