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Testing the Limits of Sole Discretion – Delaware Supreme Court Holds That Implied Covenant of Good Faith and Fair Dealing Applied...

The Delaware Supreme Court recently affirmed the dismissal of a co-founder’s claim that a private equity investor and its affiliated managers breached the implied covenant of good faith and fair dealing in connection with the...more

You Get What You Bargain For – Delaware Chancery Court Ruling Reinforces Limitations of Implied Covenant of Good Faith and Fair...

A recent Delaware Chancery Court opinion highlights the flexibility of alternative entities such as limited liability companies, the court’s focus on enforcing contracts as written, and the limited circumstances in which the...more

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