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Affirming the Court of Chancery below, the Delaware Supreme Court held that the right to sue is not a “power” within the meaning of Section 242(b)(2), and, thus, the charter amendment did not require approval by all classes of stock. [read post]
19 Oct 2015, 6:13 am
The court emphasized that Delaware courts must analyze all the particularized facts pled by the plaintiffs “in their totality and not in isolation from each other. [read post]
22 May 2007, 7:42 am
The Supreme Court shall have jurisdiction as follows: ...(8) To hear and determine questions of law certified to it by other Delaware courts, the Supreme Court of the United States, a Court of Appeals of the United States, a United States District Court, the United States Securities and Exchange Commission, or the highest appellate court of any other state, where it appears to the Supreme Court… [read post]
29 Nov 2022, 6:00 pm by Howard Bashman
Delaware Supreme Court Justice James Vaughn announces retirement”: Paul Kiefer of Delaware Public Media has this report. [read post]
13 Dec 2017, 9:00 am by Edward M. McNally
., No. 565, 2016 (December 14, 2017) In this much-anticipated decision, the Delaware Supreme Court stresses the importance of the deal price to the award in an appraisal case. [read post]
10 Apr 2014, 4:33 am by Broc Romanek
Yesterday, as noted in this article, the Delaware Senate unanimously confirmed Andre Bouchard as Chancellor of Delaware’s Court of Chancery, replacing Leo Strine who became Chief Justice for Delaware’s Supreme Court… [read post]
18 Jul 2008, 7:27 pm
Justice Jacobs wrote the opinion for the full Delaware Supreme Court.A change in the Delaware Constitution allows the SEC to certify questions to the Court. [read post]
4 Apr 2024, 10:00 pm
In a case with implications for companies with controlling stockholders, the Delaware Supreme Court held that the MWF Doctrine applies to any transaction involving a controlling shareholder receiving a non-ratable benefit, and both MFW cleansing mechanisms must be satisfied for business judgment review, rather than entire fairness, to apply to such transactions. [read post]
4 Apr 2024, 10:00 pm
In a case with implications for companies with controlling stockholders, the Delaware Supreme Court held that the MWF Doctrine applies to any transaction involving a controlling shareholder receiving a non-ratable benefit, and both MFW cleansing mechanisms must be satisfied for business judgment review, rather than entire fairness, to apply to such transactions. [read post]
4 Apr 2024, 10:00 pm
In a case with implications for companies with controlling stockholders, the Delaware Supreme Court held that the MWF Doctrine applies to any transaction involving a controlling shareholder receiving a non-ratable benefit, and both MFW cleansing mechanisms must be satisfied for business judgment review, rather than entire fairness, to apply to such transactions. [read post]
4 Apr 2024, 10:00 pm
In a case with implications for companies with controlling stockholders, the Delaware Supreme Court held that the MWF Doctrine applies to any transaction involving a controlling shareholder receiving a non-ratable benefit, and both MFW cleansing mechanisms must be satisfied for business judgment review, rather than entire fairness, to apply to such transactions. [read post]
4 Apr 2024, 10:00 pm
In a case with implications for companies with controlling stockholders, the Delaware Supreme Court held that the MWF Doctrine applies to any transaction involving a controlling shareholder receiving a non-ratable benefit, and both MFW cleansing mechanisms must be satisfied for business judgment review, rather than entire fairness, to apply to such transactions. [read post]
4 Apr 2024, 10:00 pm
In a case with implications for companies with controlling stockholders, the Delaware Supreme Court held that the MWF Doctrine applies to any transaction involving a controlling shareholder receiving a non-ratable benefit, and both MFW cleansing mechanisms must be satisfied for business judgment review, rather than entire fairness, to apply to such transactions. [read post]
24 Aug 2016, 8:15 am
” The recent Delaware Supreme Court decision that the statute is unconstitutional confirms that Delaware doesn’t “do it right. [read post]
7 Dec 2018, 11:16 am by Haskell Murray
Ch. 2008) – a case I worked on as a judicial clerk – the court wrote, “[m]any commentators have noted that Delaware courts have never found a... [read post]