Laurence Silverman

Laurence Silverman

Bracewell & Giuliani LLP

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Delaware Supreme Court Rules That Privileged Documents Must Be Produced To Shareholders Investigating Corporate Misconduct

The Delaware Supreme Court recently held that, in certain circumstances, shareholders may be able to obtain access to privileged, internal documents in order to investigate potential breaches of fiduciary duty. In Wal-Mart...more

9/10/2014 - Attorney-Client Privilege Board of Directors Corporate Counsel Document Productions FCPA Fiduciary Duty Mexico Pensions Shareholder Activism Shareholder Litigation Shareholders Subsidiaries Wal-Mart Willful Misconduct

Delaware Supreme Court Confirms The Path to Business Judgment Review In Controlling Stockholder Transactions

On March 14, 2014, the Delaware Supreme Court issued its eagerly-awaited decision in Kahn v. M&F Worldwide Corp., No. 334, 2013 (Del. March 14, 2014). The Court affirmed the Chancery Court's holding (Strine, C.) that the...more

3/20/2014 - Controlling Stockholders MFW Minority Shareholders Shareholder Litigation Shareholders Summary Judgment

Delaware Court of Chancery Addresses Director's Duties In Connection With Change of Control Put Provisions

In a recent decision issued by the Delaware Court of Chancery, Chancellor Strine enjoined an incumbent board from impeding a shareholder consent solicitation that sought to install a competing slate of directors. The Court...more

3/27/2013 - Board of Directors Fiduciary Duty Put Provisions Rival Director Slate Shareholders

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