Sarah Ennis

Sarah Ennis

Morris James LLP

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Delaware Supreme Court Clarifies Enforcement of Forfeiture-for-Competition Provisions

LKQ Corp. v. Rutledge, C.A. No. 110, 2024 (Del. Dec. 18, 2024) - In this en banc decision, the Delaware Supreme Court answered a certified question from the United States Court of Appeals for the Seventh Circuit...more

5/22/2025  /  Appeals , Business Entities , Contract Terms , Delaware , Employee Benefits , Employee Rights , Employment Litigation , Forfeiture , Non-Compete Agreements , Restrictive Covenants

Court of Chancery Holds Supermajority Vote Not Required for Nevada Reincorporation

Gunderson v. The Trade Desk Inc., C.A. No. 2024-1029-PAF (Del. Ch. Nov. 6, 2024) - The board of a Delaware corporation recommended that the corporation reincorporate as a Nevada corporation subject to a majority vote...more

4/25/2025  /  Appeals , Board of Directors , Business Entities , Corporate Conversions , Corporate Governance , Delaware , Delaware General Corporation Law , Mergers , Shareholder Litigation , Shareholders

Delaware Supreme Court Affirms Chancery Decision in Section 225 Control Dispute

Ravindran v. Glas Trust Co. LLC, No. 463, 2023 (Del. Sept. 23, 2024) - In affirming the Court of Chancery’s determination in a Section 225 action that Timothy Pohl (“Pohl”) was the sole director and officer of a Delaware...more

3/21/2025  /  Appeals , Board of Directors , Business Entities , Corporate Governance , Credit Agreements , Delaware , Fiduciary Duty , Forum Selection
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