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Following the merger, Clover Health became embroiled in multiple D&O claims, including a securities class action, various shareholder derivative suits, a complaint filed under Delaware General Corporate Law Section 220, and a Securities and Exchange Commission investigation. [read post]
4 Jan 2008, 5:15 am
We have talked a great deal on this Blog about the weakness and bias of the Delaware system of corporate governance and surmised that it will lead to greater federal preemption. [read post]
15 Apr 2008, 9:01 am
Pileggi of the Delaware Corporate and Commercial Litigation Blog highlights the District of Delaware's decision in Miller v. [read post]
8 Jun 2016, 1:07 pm by Jennifer Nejad
On May 7, 2015, Plaintiff filed suit against Bioscrip, its board of directors, and several related companies, alleging corporate wrongdoing including Bioscrip’s participation in a kickback scheme, its fraudulent concealment of the health of its profit-making sectors, and various counts of insider trading. [read post]
25 Nov 2022, 6:31 am
In P3 Health Group, private equity firm Hudson Vegas Investments SVP LLC, which was the second-largest unitholder of P3 Health Group Holdings, LLC (the “Company”), challenged the Company’s de-SPAC merger. [read post]
25 Nov 2022, 6:31 am
In P3 Health Group, private equity firm Hudson Vegas Investments SVP LLC, which was the second-largest unitholder of P3 Health Group Holdings, LLC (the “Company”), challenged the Company’s de-SPAC merger. [read post]
20 Feb 2024, 9:01 pm by renholding
Under well-established Delaware law, controllers owe fiduciary duties when they use their “influence over the board and management to wield corporate power indirectly and cause the corporation to act. [read post]
9 Oct 2022, 3:30 pm by Steve Bainbridge
See Bernard Black & Reiner Kraakman, Delaware's Takeover Law: The Uncertain Search for Hidden Value, 96 Nw. [read post]
29 Apr 2020, 4:58 am
For the board of directors, which is charged with overseeing the short-term and long-term health of the corporation and its business prospects, navigating the COVID-19 crisis requires careful consideration of a range of issues under these unprecedented circumstances. [read post]
14 Mar 2022, 1:59 pm by Kevin LaCroix
As I noted in a prior post (here), Delaware’s legislature recently enacted a new legislation to permit Delaware corporations to put captive insurance in place as an alternative to traditional D&O insurance. [read post]
15 Feb 2017, 4:58 pm by Sabrina I. Pacifici
However, corporate interests have been steadily attacking and whittling away at that idea. [read post]
30 Aug 2010, 1:30 pm by Steve Bainbridge
 Jay Brown’s platform for critiquing the Delaware approach to corporate law is not one I tend to agree with, but I have to admit that his analysis is careful and insightful.Securities Law Prof Blog. [read post]
10 Nov 2007, 8:06 am
Programs for Children with Special Health Care Needs CSHCN Division of Public Health P.O. [read post]
15 Oct 2019, 6:26 am
Introduction—Compliance oversight as a board responsibility Nearly 25 years have passed since a landmark decision of the Delaware Chancery Court involving the board’s role in compliance oversight. [read post]
1 Mar 2011, 5:17 pm by Rebecca Shafer, J.D.
As of 5-23-08, Delaware has adopted a medical fee schedule known as Workers Compensation Health Care Payment System for all medical treatment. [read post]
10 Dec 2021, 12:37 pm by Bill Marler
., a Delaware corporation: This matter arises out of an outbreak of Shiga toxin-producing E. coli (STEC) O103 that occurred in the early months of 2020. [read post]