Search for: "Goode v. Delaware" Results 1 - 20 of 2,257
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22 May 2024, 2:50 pm by Dillon Reid
However, the case is also a good reminder that board independence and disclosure of all relevant information when seeking shareholder approval is critical. [read post]
13 May 2024, 12:09 pm by Kevin LaCroix
” The plaintiffs sought to rely on a 1969 Delaware Superior Court opinion, Wright Construction Co. v. [read post]
13 May 2024, 6:41 am by Dan Bressler
” “Delaware Supreme Court Holds MFW Inapplicable Based on Banker Conflict Disclosure Deficiencies” — “The Delaware Supreme Court has reversed a Court of Chancery decision dismissing challenges to the acquisition of Inovalon Holdings, Inc. by a consortium led by Swedish private equity firm Nordic Capital in a decision demonstrating the importance of disclosure of financial advisor conflicts in order to obtain the benefit of business judgment rule review… [read post]
8 May 2024, 12:20 pm by Peter S. Lubin and Patrick Austermuehle
It’s important to note, as per Illinois choice of law rules, that the pre-suit demand requirement is governed by the law of Delaware in the case of corporations incorporated there (Wells v. [read post]
17 Apr 2024, 8:45 am by CMS
A commercial success, knotweed was exalted by vendors for its good looks and strength. [read post]
7 Apr 2024, 9:05 pm by renholding
For many business economists and legal academics, the purpose of any business organization is simply stated: to maximize profits. [read post]
18 Mar 2024, 4:32 am by Peter Mahler
The Appellate Division last week in Behler v Tao (read here) affirmed the order below in a 3-2 decision featuring a majority opinion authored by Presiding Justice Sallie Manzanet-Daniels, applying what she labels “explicitly contractarian” Delaware LLC law “sometimes leading to harsh results,” and a dissenting opinion authored by Justice Ellen Gesmer exalting “basic principles of contract law and fundamental fairness. [read post]