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12 Feb 2024, 4:04 am by Peter J. Sluka
    What Does Sears Hometown Mean for Closely Held New York Corporations? [read post]
7 Aug 2017, 3:30 am by Peter Mahler
In opposition, the plaintiff admitted that “there is no New York case law applying BCL § 505 (h) to self-interested transactions,” but it argued that the court should borrow from Delaware case law interpreting a similar statute, and hold that “the statutory ‘actual fraud’ provision does not provide a defense when the underlying transaction involves unfair self-dealing proscribed by equitable fiduciary duty concepts” (Parfi Holding AB… [read post]
15 Jun 2016, 11:47 am by CJLF Staff
  Matt Bittle of the Delaware State News reports that in Rauf v. [read post]
24 Aug 2008, 7:18 pm
Of course, if he wins, and becomes VP of the US, the impact on the perennial  "feds v. [read post]
16 Nov 2022, 12:15 am
Two years after the Delaware Supreme Court's momentous decision in Smith v. [read post]
13 Mar 2011, 8:33 pm by Francis G.X. Pileggi
” Referring to prior decisions of both the Delaware Supreme Court and the Delaware Court of Chancery, the opinion explained that the stockholder plaintiff does not, by making a pre-suit demand, waive the right to claim that demand has been wrongfully refused (citing Grimes v. [read post]
3 Apr 2009, 5:00 am
The test is largely taken from ideas articulated, ironically, by the Delaware Court in Julian v. [read post]