Search for: "State v. Laster" Results 21 - 40 of 251
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9 May 2023, 9:01 pm by renholding
There is reason to believe the SEC’s new universal proxy Rule 14a-19 will result in more stockholder nominees being elected to the boards of public companies. [read post]
23 Mar 2023, 12:55 pm by Kevin LaCroix
” However, in series of cases following the Delaware Supreme Court’s 2019 decision in Marchand v. [read post]
20 Mar 2023, 12:15 am
Transcript, Strategic Funding Source Holdings LLC v. [read post]
7 Mar 2023, 2:01 pm by Kevin LaCroix
” That said, Laster still concluded that the plaintiffs had not stated a claim for breach of the duty of oversight against the director defendants. [read post]
1 Mar 2023, 12:04 pm by Steve Bainbridge
To state a claim under this theory, the plaintiffs must allege facts supporting an inference that the directors knew about a problem—epitomized by the proverbial red flag—yet consciously ignored it. [read post]
13 Feb 2023, 5:59 am by Kevin LaCroix
[v] The court also considered Delaware’s strong interest in providing a forum for disputes regarding the internal affairs of LLCs formed under its laws. [read post]
7 Feb 2023, 2:13 pm by Alejandro Moreno and Eugene Choi
Jan. 26, 2023), the Delaware Court of Chancery (Laster, V.C.) held that officers of a Delaware corporation are subject to a fiduciary duty of oversight as articulated in In re Caremark International Inc. [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
Laster is quite correct when he quotes extensively from prior Delaware Supreme Court decisions stating that “the fiduciary duties of officers are the same as those of directors. [read post]
19 Sep 2022, 4:25 am by Peter J. Sluka
When parties have gone outside the boundaries that the state has set, it makes sense that the state would treat the impermissible act as if it never occurred. [read post]
16 May 2022, 3:18 am by Peter Mahler
Dennis, Contrivance and Collusion: The Corporate Origins of Shareholder Derivative Litigation in the United States, 67 Rutgers U. [read post]