As discussed in prior articles, stockholder plaintiffs have increasingly sought to obtain companies’ books and records under 8 Del. C. § 220 (Section 220) and the Delaware Limited Liability Company Act’s analogous provision,...more
12/27/2023
/ Board of Directors ,
Books & Records ,
Breach of Duty ,
Corporate Governance ,
Countervailing Duties ,
DE Supreme Court ,
Delaware General Corporation Law ,
Fee-Shifting ,
Fiduciary Duty ,
Section 220 Request ,
Shareholder Litigation ,
Shareholders
Chelsea Therapeutics: Post-Closing Bad Faith Claim a ‘Rare Bird’ in Delaware Absent Allegations of Self-Interestedness or Lack of Independence -
In In re Chelsea Therapeutics International LTD Stockholders Litigation,...more
11/18/2016
/ Acquisitions ,
Bad Faith ,
Board of Directors ,
Breach of Duty ,
Controlling Stockholders ,
Dismissals ,
Duty of Loyalty ,
Failure To Disclose ,
Financial Adviser ,
Going-Private Transactions ,
Life Sciences ,
Mergers ,
Minority Shareholders ,
Motion to Dismiss ,
Pharmaceutical Industry ,
Pleadings ,
Preliminary Injunctions ,
Proxy Statements ,
Sale of Assets ,
Shareholder Litigation ,
Special Committees