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Chancery Finds that Acquiror Aided and Abetted Breaches of Fiduciary Duties by Exploiting Management’s Conflicts of Interest
2 Nov 2023, 6:00 am by Albert H. Manwaring, IV, Samuel E. Bashman, K. Tyler O'Connell
C.A. [read post]
Delaware Business Litigation Report - https://www.morrisjames.com/blogs-Delaware-Business-Litigation-Report
Chancery Upholds Fiduciary Duty Claims Arising Out Of Deal Involving an Alleged Control Group That Included Non-Stockholders and a Sale Process Managed By a Disinterested and Independent Special Committee
2 Jul 2021, 6:00 am by Albert J. Carroll, Matthew F. Lintner
In re Pattern Energy Grp. [read post]
Delaware Business Litigation Report - https://www.morrisjames.com/blogs-Delaware-Business-Litigation-Report
Chancery Declines to Award Damages Equivalent to Contractual Dissociation Remedy Under Partnership Agreement
8 Dec 2021, 6:00 am by Albert J. Carroll, Kirsten A. Zeberkiewicz
In re Cellular Telephone Partnership Litigation, Coordinated C.A. [read post]
Delaware Business Litigation Report - https://www.morrisjames.com/blogs-Delaware-Business-Litigation-Report
Delaware Superior Court Explains Privity Rule For Claim Preclusion
26 Nov 2018, 6:00 am by Meghan A. Adams, Edward M. McNally
., C.A. [read post]
Delaware Business Litigation Report - http://www.morrisjames.com/blogs-Delaware-Business-Litigation-Report
Court Of Chancery Denies Corwin Defense
4 Apr 2017, 9:00 am by Edward M. McNally
Court Of Chancery Denies Corwin Defense In re Saba Software Inc. [read post]
Delaware Business Litigation Report - http://www.morrisjames.com/blogs-Delaware-Business-Litigation-Report
Chancery Upholds Caremark Claim Based on Alleged Failure to Adequately Monitor Biopharmaceutical Company’s Clinical Trials
11 Oct 2019, 6:00 am by Lewis H. Lazarus, Albert J. Carroll
In Re Clovis Oncology, Inc. [read post]
Delaware Business Litigation Report - http://www.morrisjames.com/blogs-Delaware-Business-Litigation-Report
Superior Court CCLD Dismisses Complaint Seeking Insurance Coverage for Appraisal Proceeding
23 Sep 2021, 6:00 am by Albert H. Manwaring, IV, Bryan Townsend, K. Tyler O'Connell
., C.A. [read post]
Delaware Business Litigation Report - https://www.morrisjames.com/blogs-Delaware-Business-Litigation-Report
Chancery Holds That Management Does Not Have Unilateral Authority to Preclude a Director From Obtaining the Company’s Privileged Information
25 Sep 2020, 6:00 am by Ian D. McCauley, Laura G. Readinger, K. Tyler O'Connell
C.A. [read post]
Delaware Business Litigation Report - http://www.morrisjames.com/blogs-Delaware-Business-Litigation-Report
Court Of Chancery Applies The Covent Of Good Faith And Fair Dealing To Fill A Gap
16 Feb 2018, 6:00 am by Edward M. McNally
In re Oxbow Carbon LLC Unitholder Litigation, C.A. 12447-VCL (February 12, 2018) This may be the definitive decision on when and how to apply the covenant in every LLC agreement to act in good faith and deal fairly. [read post]
Delaware Business Litigation Report - http://www.morrisjames.com/blogs-Delaware-Business-Litigation-Report
Chancery Sustains Stockholder Inspection Demands to Investigate Caremark Claims Arising from Facebook / Cambridge Analytica Scandal
18 Jun 2019, 6:00 am by Jonathan G. Strauss, Laura G. Readinger, K. Tyler O'Connell
In re Facebook Inc. [read post]
Delaware Business Litigation Report - http://www.morrisjames.com/blogs-Delaware-Business-Litigation-Report
Imposing “A Remedy Of First Impression,” Chancery Divests Party Of Stock Ownership As A Post-Judgment Contempt Sanction Under Rule 70.
3 Jan 2023, 6:00 am by K. Tyler O'Connell, Barnaby Grzaslewicz
In re Stream TV Networks, Inc. [read post]
Delaware Business Litigation Report - https://www.morrisjames.com/blogs-Delaware-Business-Litigation-Report
Court Of Chancery Limits Cost Recovery Following Successful Appeal
19 Feb 2017, 9:00 am by Edward M. McNally
In Re: El Paso Pipeline Derivative Litigation, C.A. 7141-VCL (February 16, 2017) This decision explains what “costs” are recoverable under Court of Chancery Rule 54 following a successful appeal. [read post]
Delaware Business Litigation Report - http://www.morrisjames.com/blogs-Delaware-Business-Litigation-Report
Court Of Chancery Applies Entire Fairness To Controller Contract
25 Jan 2016, 9:00 am by Edward M. McNally
In Re EZCORP Inc. [read post]
Delaware Business Litigation Report - http://www.morrisjames.com/blogs-Delaware-Business-Litigation-Report
Court of Chancery Finds Deal Price, Not Pre-Merger Market Price, Is Fair Value in Appraisal
1 Aug 2018, 6:00 am by Albert J. Carroll
In re Appraisal of Solera Holdings Inc., C.A. [read post]
Delaware Business Litigation Report - http://www.morrisjames.com/blogs-Delaware-Business-Litigation-Report
Court Of Chancery Explains Limits On Stockholder Challenges To Short-Form Mergers
5 Jan 2017, 9:00 am by Edward M. McNally
In Re United Capital Corp. [read post]
Delaware Business Litigation Report - http://www.morrisjames.com/blogs-Delaware-Business-Litigation-Report
Chancery Dismisses Merger Challenge Concerning Board’s Delegation of Merger Negotiations and Management’s Undisclosed Compensation Discussions
5 Aug 2019, 6:00 am by Matthew F. Lintner, R. Eric Hacker, Albert J. Carroll
In re Towers Watson & Co. [read post]
Delaware Business Litigation Report - http://www.morrisjames.com/blogs-Delaware-Business-Litigation-Report
Chancery Finds No Transaction-Specific Control Where Plaintiffs Failed to Allege that a Majority of the Members of a Special Committee Were Under the Sway of a Would-Be Controller
28 Jun 2021, 6:00 am by Matthew F. Lintner, K. Tyler O'Connell
In re GGP Inc. [read post]
Delaware Business Litigation Report - https://www.morrisjames.com/blogs-Delaware-Business-Litigation-Report
Delaware District Court Stays Twitter Derivative Case Pending Securities Action
30 Jul 2018, 6:00 am by Albert J. Carroll
In re Twitter Inc. [read post]
Delaware Business Litigation Report - http://www.morrisjames.com/blogs-Delaware-Business-Litigation-Report
Chancery Holds Unocal Claims for Injunctive Relief are not Subject to Corwin Cleansing
25 Sep 2023, 6:00 am by R. Eric Hacker, Aubrey Morin, K. Tyler O'Connell
In re Edgio, Inc. [read post]
Delaware Business Litigation Report - https://www.morrisjames.com/blogs-Delaware-Business-Litigation-Report
Court Of Chancery Dismisses Post-Closing Claims Under Corwin
12 Oct 2016, 9:00 am by Albert J. Carroll
In re OM Group Inc. [read post]
Delaware Business Litigation Report - http://www.morrisjames.com/blogs-Delaware-Business-Litigation-Report