On June 18, 2019, in Marchand v. Barnhill, the Delaware Supreme Court, in an opinion written by Chief Justice Leo E. Strine, Jr. on behalf of a unanimous court, issued a decision reversing the Court of Chancery’s dismissal of...more
6/21/2019
/ Board of Directors ,
Breach of Duty ,
DE Supreme Court ,
Derivative Suit ,
Dismissals ,
Duty of Care ,
Duty of Loyalty ,
Fiduciary Duty ,
Food Manufacturers ,
Good Faith ,
Independent Director ,
Listeria ,
Oversight Duties ,
Pre-Suit Notice ,
Product Recalls ,
Reversal ,
Shareholder Litigation
On May 8, 2014, the Delaware Supreme Court issued an opinion in ATP Tour, Inc. v. Deutscher Tennis Bund (German Tennis Federation), No. 534, 2013 (Del. May 8, 2014), holding that fee-shifting provisions in a Delaware...more