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15 Mar 2012, 11:31 am by Edward M. McNally
Appel, C.A. 6539-VCL (March 15, 2012) After a board makes a decision that has consequences that last for years, the question arises of when the time to litigate over that decision expires. [read post]
10 Dec 2009, 8:04 am by Edward M. McNally
Ross, C.A. 3468-VCP (December, 10, 2009) In this unusual decision, the Court of Chancery awarded attorney fees after having previously declined to do so in a November 26, 2008 decision in the same case. [read post]
12 Oct 2012, 9:15 am by Edward M. McNally
NHAOCG LLC, C.A. 7304-VCL (October 12, 2012) At common law, a director who was interested in the outcome of a board of directors vote simply could not vote on the issue before the board. [read post]
20 Jun 2012, 6:11 am by Edward M. McNally
McElroy v Schornstein, C.A. 7233-CS (June 6, 2012) It is often said that the Court of Chancery will not stay or dismiss an action filed under one of the statutory provisions for summary adjudication of a claim, such as to decide a proxy contest,  because there is prior litigation filed elsewhere. [read post]
5 Mar 2012, 1:03 pm by Edward M. McNally
Purches, C.A. 7199-VCG (March 5, 2012) It is often thought that the jurisdiction where suit is first-filed will obtain priority over later filed actions. [read post]
4 Nov 2011, 2:52 pm by Edward M. McNally
NXPB, C.A. 5110-VCG (November 4, 2011) It is sometimes important to decide if a series of transactions are to be coupled together to be treated as one. [read post]
6 Jan 2012, 11:17 am by Edward M. McNally
Howard-Anderson,  C.A. 58787-VCL (January 6, 2012) A class representative may not trade in the stock held by his class members based on information he learns in the litigation. [read post]
29 Feb 2012, 9:59 am by Edward M. McNally
Shareholder Litigation,  C.A. 6949-CS (February 29, 2012) This is the now-famous decision finding several breaches of fiduciary duties by the negotiators of a merger, but declining to kill the deal that would have given stockholders a large premium. [read post]
18 Jul 2012, 12:20 pm by Edward M. McNally
Walters,  C.A. 4156-VCP (July 18, 2012) In this unusual case, the Court of Chancery held individuals liable on a contract that was signed by a corporation. [read post]
23 Jul 2010, 5:15 am by Edward M. McNally
Massachusetts Mutual Life Insurance Company v Certain Underwriters At Lloyds , C.A. 4791-VCL (July 23, 2010) This decision holds that insurance in the form of an indemnity bond or a D&O policy may cover losses suffered as a result of the Madoff fraud. [read post]
16 Jun 2009, 2:54 pm
., C.A. 2471-VCS (June 16, 2009) In this rare case for the Court of Chancery, the Court determines the scope of noncompetition employment agreements. [read post]