Search for: "Rales v. Blasband" Results 1 - 20 of 41
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6 Sep 2020, 6:04 pm by Francis Pileggi
Ruling based on Rales Vice Chancellor Glasscock ruled that because the plaintiffs challenged board inaction, and not a specific board decision, demand futility is analyzed under the test articulated in Rales v. [read post]
1 Jul 2019, 4:09 am by Peter Mahler
Madison Sullivan Partners LLC v PMG Sullivan St., LLC Madison Sullivan Partners LLC v PMG Sullivan St., LLC, 2019 NY Slip Op 04460 [1st Dept June 6, 2019], involved a dispute between 50/50 owners of a real estate venture organized as a Delaware LLC. [read post]
22 Dec 2017, 8:43 am by Francis Pileggi
Because director inaction is involved in a Caremark claim alleging violation of oversight duties, the applicable test is found in Rales v. [read post]
12 Nov 2013, 10:32 am by Daniel Bauer
In our previous posts about In re Trados available here and here, we provided some background about the facts, outcome and usefulness of the Trados case, as well as a discussion of the conflicting interests of the preferred stockholders and common stockholders. [read post]