Michael D. Redondo

Michael D. Redondo

Holland & Knight LLP

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Delaware Chancery Court Expands Number of Direct Claims Available to Stockholders

On March 15, 2013, the Delaware Court of Chancery denied motions to dismiss filed by a group of director defendants and certain affiliated funds for claims brought by a group of stockholders. The claims allege that the...more

4/4/2013 - Board of Directors Derivative Suit Dilution Fiduciary Duty Preferred Shares Self-Dealing Stocks

Delaware Chancery Court Holds that No Per Se Fiduciary Duty to Minimize Corporate Taxes Exists

On June 29, 2012, the Delaware Chancery Court dismissed a derivative lawsuit alleging breach of fiduciary duty for corporate waste for failure to minimize the corporation's taxes because the court found that there is no...more

7/16/2012 - Corporate Taxes Derivative Suit Fiduciary Duty

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