William Chandler III

William Chandler III

Wilson Sonsini Goodrich & Rosati

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Delaware Supreme Court Clarifies Application of Exculpatory Charter Provisions to Motions to Dismiss Independent Directors

On May 14, 2015, the Delaware Supreme Court issued its decision in In re Cornerstone Therapeutics Inc., S'holder Litig., clarifying that damages claims against independent directors can be dismissed where: (1) an applicable...more

5/18/2015  /  DE Supreme Court , Exculpatory Clauses , Independent Boards , Shareholder Litigation , Shareholders
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