The Delaware Court of Chancery held that claims for breach of statutory and fiduciary duties against a custodian appointed under Section 226 of the Delaware General Corporation Law (“DGCL”) failed as a matter of law because...more
Justice Russell C. Ostrander: “judges are not business experts.”
Dodge v. Ford Motor Co., 204 Mich. 459, 508 (1919)
A few days ago, I wrote about U.S. District Court Judge Dale S. Fischer’s refusal to extend the...more
Yesterday, I wrote about a recent memorandum opinion by U.S. District Court Judge Dale S. Fischer that led to a jury verdict awarding nearly $169 million in damages against three former corporate officers. Among other things,...more
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