Our Delaware Corporate and Alternative Entity Law attorneys closely followed the opinions coming from Delaware’s Supreme Court and Court of Chancery. Our 2016 Year in Review is a collection of brief summaries of selected...more
1/23/2017
/ Acquisitions ,
Advancement ,
Anti-Reliance Clauses ,
Appraisal ,
Bad Faith ,
Board of Directors ,
Business Valuations ,
Buyers ,
Commercial Bankruptcy ,
Contract Terms ,
Corporate Dissolution ,
Corporate Officers ,
Credibility ,
DE Supreme Court ,
Delaware General Corporation Law ,
Delaware Limited Liability Company Act ,
Delegation Doctrine ,
Demand Futility ,
Derivative Suit ,
Directors ,
Disclaimers ,
Duty of Loyalty ,
Entire Fairness Standard ,
Fiduciary Duty ,
Independent Audits ,
Inherent Authority ,
LLC Agreements ,
Mergers ,
Pleadings ,
Public Policy ,
Reaffirmation ,
Sellers ,
Stock Prices ,
Valuation ,
Witness Statements
In a recent Memorandum Opinion in Obeid v. Hogan, C.A. No. 11900-VCL, the Delaware Court of Chancery addressed the delegation of litigation authority by limited liability company ("LLC") managers. Christopher S. La Mack,...more
In a recent decision out of the Delaware Court of Chancery – Friedman v. Maffei et al., C.A. No. 111105-VCMR – the court’s second-newest member, Vice Chancellor Montgomery-Reeves, dismissed a proposed derivative complaint on...more
5/6/2016
/ Board of Directors ,
Breach of Duty ,
Change in Control ,
Demand Futility ,
Derivative Suit ,
Expedia ,
Fiduciary Duty ,
Qualified Restricted Stock Units (RSUs) ,
Shareholder Demands ,
Shareholder Litigation ,
TripAdvisor ,
Vesting