The Delaware Court of Chancery recently weighed key issues under state law involving claims of breach of fiduciary duty in several challenged corporate transactions.
Perfection Is Not Expected: Court Finds Flawed...more
On August 27, 2015 the Delaware Court of Chancery issued a post-trial decision, In re Dole Food Company, Inc. Stockholder Litigation, that held two of Dole’s directors, David Murdock and Michael Carter, personally liable for...more
9/17/2015
/ Aiding and Abetting ,
Breach of Duty ,
Business Judgment Rule ,
C-Suite Executives ,
Controlling Stockholders ,
Directors ,
Dole Food ,
Fairness Standard ,
Financial Adviser ,
Fraud ,
Going-Private Transactions ,
Personal Liability ,
Price Manipulation ,
Securities Fraud ,
Stock Prices