In Scheenstra v. California Dairies, Inc., No. F062768, ___ Cal. Rptr. 3d ___, 2013 WL 363148 (Cal. App. 5th Dist. Jan. 30, 2013), the California Court of Appeal, Fifth District, affirmed the judgment of the California...more
2/15/2013 - Board of Directors Breach of Contract Business Judgment Rule Dairy Farmers Fiduciary Duty Marketing Shareholders' Agreements
In In re Ancestry.com Inc. Shareholder Litigation, C.A. No. 7988-CS, Chancellor Strine of the Delaware Chancery Court held that Delaware has no per se rule against “don’t ask, don’t waive” standstill provisions, but cautioned...more
1/7/2013 - Board of Directors Don't Ask - Don't Waive Fiduciary Duty
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