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21 Apr 2024, 2:25 pm by Steven Calabresi
[Defendant standing must exist at all stages of any litigation and must be raised by the justices of the Supreme Court even if the litigants themselves fail to raise it] On Thursday, April 25th the Supreme Court will hear oral argument in Trump v. [read post]
20 Apr 2024, 8:47 am by Legal Profession Prof
The Delaware Supreme Court reversed and remanded a decision granting summary judgment to a defendant attorney in a legal malpractice case This appeal arises from a claim of professional negligence relating to legal services that appellee Margolis Edelstein provided to... [read post]
15 Apr 2024, 6:00 pm by Josh Blackman
Article I, Section 8 of the Constitution vests in Congress the authority to "constitute Tribunals inferior to the supreme Court. [read post]
13 Apr 2024, 2:37 pm by Steve Bainbridge
Sullivan and Cromwell: Similar to recent Court of Chancery cases, including the Sears and TripAdvisor decisions, the Delaware Supreme Court’s decision continues a trend of reviewing controller transactions with significant skepticism, emphasizing the need for a careful process even where such conflicted controller transaction does not involve a freeze-out merger. [read post]
13 Apr 2024, 2:26 pm by Steve Bainbridge
Reading quickly, it appears the Delaware Supreme Court adopted similar reasoning: Admittedly, there is a tension in our law in these contexts. [read post]
12 Apr 2024, 6:30 am
Gubler (Arizona State University), on Monday, April 8, 2024 Tags: corporate boards, corporate law, directors, Fiduciary duties, Shareholder value, Stakeholders Delaware Supreme Court Holds Entire Fairness Applicable to All Conflicted Controller Transactions Posted by Gregory V. [read post]
12 Apr 2024, 6:30 am
Gubler (Arizona State University), on Monday, April 8, 2024 Tags: corporate boards, corporate law, directors, Fiduciary duties, Shareholder value, Stakeholders Delaware Supreme Court Holds Entire Fairness Applicable to All Conflicted Controller Transactions Posted by Gregory V. [read post]
8 Apr 2024, 5:08 pm by Dennis Crouch
De Forest Radio petitioned the Supreme Court for certiorari, which was granted. [read post]
8 Apr 2024, 7:49 am by Kevin LaCroix
., the former Delaware Supreme Court Chief Justice and Chancellor, in which Strine highlights the importance of board minutes in corporate litigation. [read post]
7 Apr 2024, 9:05 pm by renholding
Indeed, they must be if humanity is to survive and flourish in the face of existential threats.[26] One reason is that the collective power of business to influence some of these large problems is at least equivalent to the power of nations or global assemblages of only governments and nonprofit organizations.[27] Extending my previous descriptive argument in Business Persons prescriptively, business firms are best understood as “real fictions” in society that are legally constructed,… [read post]
5 Apr 2024, 8:36 am
(University of Pennsylvania), on Thursday, April 4, 2024 Tags: corporate minuting, corporate records, Delaware Court of Chancery, Delaware Supreme Court, documentation Diversifying demographics of assets under management Posted by Victoria Tellez and Jessica Pollock, FCLTGlobal, on Thursday, April 4, 2024 Tags: Diversity, ESG, investors, Management [read post]