On January 14, 2013, the Delaware Supreme Court affirmed a trial court's denial of attorneys' fees in connection with a corporate waste claim filed against corporate board members for the board's decision to pay certain...more
1/29/2013 - Attorney's Fees Board of Directors Bonuses Business Judgment Rule Compensation Committee Executive Compensation IRS Shareholder Litigation Tax Deductions Waste
On September 25, 2012, the Delaware Chancery Court dismissed, with prejudice, a named plaintiff's derivative claim because of inadequate representation. The dismissal applied to the named plaintiff's claim only — not to...more
12/10/2012 - Caremark claim Class Action Derivative Suit Section 220 Request Shareholder Litigation Shareholders
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