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9 Feb 2023, 9:05 pm by renholding
For example, some state officials banned the consideration of social or political interests when making investment decisions for state pension funds or have redirected state funds away from large asset managers because these officials claim the companies are prioritising political and social agendas over duties to clients. [read post]
7 Feb 2023, 6:30 am
” Among others, VC Laster cited Caremark itself, the equating of officer duties with director duties in Gantler v. [read post]
7 Feb 2023, 6:30 am
” Among others, VC Laster cited Caremark itself, the equating of officer duties with director duties in Gantler v. [read post]
26 Jan 2023, 11:29 am by Kevin LaCroix
In concluding that the plaintiffs had sufficiently stated a claim on this basis, Vice Chancellor Laster noted that “When Fairhurst engaged in sexual harassment, he was not acting subjectively to further the best interests of the Company. [read post]
25 Jan 2023, 6:56 pm by Tom Smith
But over time, they argued, the battlefield has changed and they believed the threat that President Vladimir V. [read post]
23 Jan 2023, 4:48 am by Peter Mahler
In all those cases, going back as least as far as former Vice Chancellor (and later Chancellor) Strine’s 2004 opinion in Haley v Talcott, the Chancery Court has expressly incorporated by analogy into its construction of § 18-802 of the Delaware LLC Act, authorizing judicial dissolution of LLCs, the doctrine of corporate deadlock established for 50/50 close corporations under Delaware General Corporation Law § 273. [read post]
15 Jan 2023, 1:28 am by Frank Cranmer
The Chancellor had no hesitation in coming to the conclusion that the necessary criteria for “exceptional circumstances” were fulfilled and that a faculty should issue [7]. [read post]
9 Jan 2023, 7:42 pm by Christine Corcos
Rather, inspired by Oliver Wendell Holmes, Jr., the United States presently embraces them by willfully ignoring how Holmes punished Porfirio Díaz’s leading critic Eugene V. [read post]
9 Jan 2023, 7:42 pm
Rather, inspired by Oliver Wendell Holmes, Jr., the United States presently embraces them by willfully ignoring how Holmes punished Porfirio Díaz’s leading critic Eugene V. [read post]
3 Jan 2023, 1:47 pm by Kevin LaCroix
(Please note that these figures reflect only federal court securities suit filings; state court securities suit filings are not included in the numbers and comparisons.) [read post]