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25 Jun 2022, 6:36 am
The Corwin court did not squarely address the question of whether Corwin’s cleansing effect applies when a majority of the directors are conflicted. [read post]
25 Jun 2022, 6:36 am
The Corwin court did not squarely address the question of whether Corwin’s cleansing effect applies when a majority of the directors are conflicted. [read post]
22 Oct 2020, 4:42 pm by Steve Bainbridge
My friend Robert T Miller of the University of Iowa law school sent along this email in response to my post Does Van Gorkom's requirement of an informed decision survive Corwin? [read post]
20 May 2007, 5:23 am
You're already nodding...read the entire post at Mark Corwin Bruce -- Life and Times...... [read post]
14 Dec 2017, 6:18 am
§ 220 relating to transactions to which Corwin could arguably apply. [read post]
5 Oct 2015, 4:27 pm by Francis Pileggi
The Delaware Supreme Court issued two decisions a few days ago, in the Sanchez and Corwin cases. [read post]
14 Sep 2020, 3:00 am by John Jenkins
Delaware’s Corwin doctrine has become the first line of defense against many M&A fiduciary duty claims. [read post]
10 Oct 2022, 6:00 am by K. Tyler O'Connell, Barnaby Grzaslewicz
May 31, 2022)Under the Supreme Court’s decision in Corwin and its progeny, a transaction approved by a fully informed, uncoerced stockholder vote, not involving a controlling stockholder, receives business judgment rule protection. [read post]
2 Dec 2006, 7:27 am
Three new blogs were added to the PD Blog Guide in the last week:Mark Corwin Bruce--Life and TimesPD WANNABEDream Antilles [read post]
1 Nov 2017, 3:08 pm by Lawrence B. Ebert
But a potential future amendment could repeal an enacted Corwin amendment. [read post]
14 Nov 2020, 7:22 am
However, the court ruled, at the pleading stage of litigation, that it was reasonably conceivable that RS may have breached his fiduciary duties to the stockholders; and, because his potential conflicts of interest were not disclosed, the alleged breaches were not “cleansed” under Corwin. [read post]
17 Mar 2014, 11:49 am by Legal Profession Prof
It statred with this The Commission found that on May 24, 2010, Judge Corwin... [read post]
14 Feb 2017, 5:37 am
Stockholders Litigation [2] decision by Vice Chancellor Glasscock punctuates a series [3] of recent Chancery decisions dismissing post-closing fiduciary claims under Corwin with useful judicial gloss on the scope of Corwin’s exception to business judgment review for transactions involving controlling stockholders. [4] (more…) [read post]
31 Oct 2018, 5:57 am
In Corwin v KKR Financial Holdings, the Delaware Supreme Court took a seemingly major step toward this conclusion. [read post]
19 May 2022, 6:00 am by K. Tyler O'Connell, Barnaby Grzaslewicz
The Court also held that Plaintiff’s breach of fiduciary duty claims was deficient because the LPA disclaimed traditional fiduciary duties and, in all events, the claims were foreclosed by a fully informed vote under Corwin. [read post]