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7 Jun 2024, 11:43 am
The amendment is designed to overturn VC Laster's recent decision in West Palm Beach Firefighters’ Pension Fund v. [read post]
5 Jun 2024, 3:00 am
In his 140-page opinion, Vice Chancellor Laster addressed a range of fiduciary duty and aiding and abetting claims against a […] [read post]
1 Jun 2024, 5:26 pm
So I’m reading this entire fairness conflicted controller opinion and right there at the end, VC Laster preemptively wanders into a Caremark discussion - and the reason this is... [read post]
31 May 2024, 3:00 am
If you’re interested in the ongoing debate over the proposed 2024 amendments to the DGCL, there’s one voice I think you’ll want to be sure not to miss – Vice Chancellor Travis Laster. [read post]
30 May 2024, 9:05 pm
In a scholarly opinion that delved into the “deep structure of Delaware corporate law, ” Vice Chancellor Laster held that fiduciary duties are “firm-specific” and dismissed the case. [read post]
29 May 2024, 4:58 pm
.,[1] Vice Chancellor Travis Laster invalidated provisions of a stockholder agreement between Moelis & Company and Ken Moelis. [read post]
28 May 2024, 9:05 pm
For example, Vice Chancellor Laster found that Fairhurst failed to report to higher-ups sexual harassment issues of which he was aware and, in so doing, appeared to have breached his fiduciary duties. [read post]
22 May 2024, 6:30 am
Vice Chancellor Laster explained that the Nevada conversions amounted to an interested transaction whereby the directors and the controller would receive a non-ratable benefit—i.e., a potential reduction of future legal liability due to Nevada being potentially more protective of fiduciary defendants than Delaware. [read post]
22 May 2024, 6:30 am
Vice Chancellor Laster explained that the Nevada conversions amounted to an interested transaction whereby the directors and the controller would receive a non-ratable benefit—i.e., a potential reduction of future legal liability due to Nevada being potentially more protective of fiduciary defendants than Delaware. [read post]
2 May 2024, 2:27 pm
VC Laster explained: The plaintiff hitches its wagon to the word “stockholders. [read post]
1 May 2024, 3:17 am
VC Laster agreed. [read post]
29 Apr 2024, 7:41 pm
The appeal Vice Chancellor Laster examined the defendant’s grounds and found none sufficient. [read post]
4 Apr 2024, 12:15 am
Travis Laster has ruled that it is "reasonably conceivable" that Nevada provides greater protection of fiduciaries than Delaware. [read post]
27 Mar 2024, 12:15 am
Travis Laster issued a ruling denying the defendants' application for an interlocutory appeal of his earlier decision denying their motion to dismiss. [read post]
26 Mar 2024, 6:32 am
The case before Vice Chancellor Travis Laster is Theodore B. [read post]
26 Mar 2024, 6:32 am
The case before Vice Chancellor Travis Laster is Theodore B. [read post]
26 Mar 2024, 12:15 am
Travis Laster took injunctive relief "off the table". [read post]
25 Mar 2024, 9:15 pm
Vice Chancellor Laster then went on to illustrate how the company could address either of these variables. [read post]
25 Mar 2024, 3:00 am
Last month, Vice Chancellor Laster refused to dismiss claims challenging a controlled corporation’s decision to move its jurisdiction of incorporation from Delaware to Nevada. [read post]
20 Mar 2024, 6:30 am
Summary On February 23, 2024, Vice Chancellor Travis Laster of the Delaware Court of Chancery issued his 131-page decision in West Palm Beach Firefighters’ Pension Fund v. [read post]
