Our Securities Litigation and Securities Groups examine the Delaware Supreme Court decision to uphold SB 21, which rewrote the state’s legal protections for corporations and their directors, officers, and controlling...more
On November 25, 2025, the Appellate Court of Maryland issued a landmark decision in Special Situations Fund III QP L.P. v. Travel Centers of America Inc., upholding the dismissal of stockholder challenges to a public company...more
1/16/2026
/ Appeals ,
Board of Directors ,
Business Judgment Rule ,
Corporate Governance ,
Exculpatory Clauses ,
Fiduciary Duty ,
Good Faith ,
Merger Agreements ,
Motion to Dismiss ,
Publicly-Traded Companies ,
Shareholder Litigation ,
Shareholder Rights
In 2025, Delaware, Texas, and Nevada enacted corporate law changes that reshape fiduciary liability and stockholder litigation risk. Our Financial Services Litigation and Securities Litigation Teams outline how these reforms...more
1/8/2026
/ Business Judgment Rule ,
Controlling Stockholders ,
Corporate Governance ,
Delaware General Corporation Law ,
Dissenters Rights ,
Fiduciary Duty ,
Forum Selection ,
Incorporation ,
Nevada ,
Securities Litigation ,
Shareholder Litigation ,
Texas
Our Securities Litigation and Securities Groups discuss the final version of Delaware’s SB 21 that brings the most impactful changes to Delaware corporate law in decades....more
Our Securities Litigation and Securities Groups review revisions proposed by the Delaware State Bar Association’s Corporation Law Council to a Delaware bill (SB 21) that would significantly impact the state’s statutory...more
3/10/2025
/ Board of Directors ,
Business Entities ,
Corporate Governance ,
Delaware ,
Delaware General Corporation Law ,
Directors ,
Disclosure Requirements ,
Duty of Care ,
Regulatory Reform ,
Securities Litigation ,
Shareholders
Our Securities Litigation and Securities Groups examine a Delaware bill (SB 21) that would enhance the state’s legal protections for corporations and their directors, officers, and controlling stockholders....more