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7 Mar 2023, 2:01 pm
These decisions, Laster said, are “similarly debatable. [read post]
7 Mar 2023, 7:32 am
The chancery court accordingly dismissed the complaint for failure to state a claim (In re McDonald’s Corporation Stockholder Derivative Litigation, March 1, 2023, Laster, J.).Scandals. [read post]
4 Mar 2023, 1:31 am
After VC Laster held that officers have Caremark duties, and can be the subject of derivative suits for violating them, there was a flurry of commentary to the effect that this would radically expand legal liability, open corporate officers up... [read post]
1 Mar 2023, 12:04 pm
On a personal note, I was flattered that VC Laster cited some of my work in the course of his opinion: [read post]
28 Feb 2023, 5:55 am
After watching the work of hand lasters at the factory, he set out to make the process of joining the sole to the upper part of the shoe more efficient. [read post]
13 Feb 2023, 5:59 am
” Accordingly, private equity sponsors need to ensure that objectively reasonably measures are in place to document that there is a distinction in actions undertaken by their partners in their different capacities to obviate the risk of an adverse finding such Vice Chancellor Laster’s. [read post]
10 Feb 2023, 7:42 am
Travis Laster's recent ruling in In re McDonald's Corp. [read post]
7 Feb 2023, 2:13 pm
Jan. 26, 2023), the Delaware Court of Chancery (Laster, V.C.) held that officers of a Delaware corporation are subject to a fiduciary duty of oversight as articulated in In re Caremark International Inc. [read post]
7 Feb 2023, 10:17 am
” In that same decision, Vice Chancellor Laster also determined that acts of sexual harassment can constitute a breach of fiduciary duty. [read post]
7 Feb 2023, 7:40 am
” In that same decision, Vice Chancellor Laster also determined that acts of sexual harassment can constitute a breach of fiduciary duty. [read post]
7 Feb 2023, 6:30 am
” Among others, VC Laster cited Caremark itself, the equating of officer duties with director duties in Gantler v. [read post]
7 Feb 2023, 6:30 am
” Among others, VC Laster cited Caremark itself, the equating of officer duties with director duties in Gantler v. [read post]
4 Feb 2023, 5:26 pm
” “The findings in the West Virginia Decision are not preclusive, but they are persuasive,” Vice Chancellor Laster concluded. [read post]
2 Feb 2023, 1:43 pm
I blogged my take on VC Laster's recent McDonald's decision and that of Kevin LaCroix. [read post]
1 Feb 2023, 12:15 am
Vice Chancellor Laster provides the explanation: The absence of an earlier decision holding that officers owe oversight duties likely has a more practical explanation. [read post]
27 Jan 2023, 3:30 am
But that is not my biggest concern about Vice Chancellor Laster’s opinion. [read post]
26 Jan 2023, 12:49 pm
” Vice Chancellor Laster determined that the plaintiffs’ claims against Fairhurst were of the red flags variety. [read post]
26 Jan 2023, 11:29 am
” Vice Chancellor Laster determined that the plaintiffs’ claims against Fairhurst were of the red flags variety. [read post]
25 Jan 2023, 2:44 pm
There is a certain logic to Laster's conclusion. [read post]
22 Jan 2023, 6:17 pm
For purposes of a derivative action, that can be when a plaintiff begins seeking books and records,” Vice Chancellor Laster wrote. [read post]
