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Due Process › Board of Directors

Tucker Arensberg, P.C.

Closing A School Building Does Not Implicate Due Process or Fiduciary Rights

Tucker Arensberg, P.C. on

Save Our Saltsburg Schools v. River Valley School District, No. 1140 C.D. 2021 (Pa.Cmwlth. November 7, 2022) (Commonwealth Court rejects community group’s efforts to invalidate school district’s decision to close a school...more

Wilson Sonsini Goodrich & Rosati

Delaware Supreme Court Issues Opinion Affirming the Preclusive Effect of a Prior Dismissal of Derivative Claims on Demand-Futility...

Wilson Sonsini Goodrich & Rosati on

The Delaware Supreme Court recently unanimously affirmed the Delaware Court of Chancery's dismissal of a stockholder derivative claim against directors of Wal-Mart, holding that these claims were precluded because a federal...more

Proskauer - Corporate Defense and Disputes

Race to Courthouse in Shareholder Derivative Actions Could Raise Due-Process Issues

Proskauer - Corporate Defense and Disputes on

The Delaware Supreme Court requested further consideration of the federal due-process issues that might arise where a court is asked to hold that a shareholder derivative action is precluded because a prior derivative action...more

Morris James LLP

Delaware Supreme Court Clarifies Director/Officer Implied Consent Statute and Rejects Hana Ranch

Morris James LLP on

Rejecting the Court of Chancery’s narrow reading of the director/officer implied consent statute in Hana Ranch, Inc. v. Lent, 424 A.2d 28, 30 (Del. Ch. 1980), an interpretation that had been followed by lower courts for...more

Thomas Fox - Compliance Evangelist

The Marx Brothers Mirror Scene: Absurdity and Comments by a SEC Commissioner

Thomas Fox - Compliance Evangelist on

I continue my Marx Brothers’ themed week by today looking at what I and many others believe to be their most cherished routine: the Mirror Scene. Danny Leigh, in his article in the Financial Times (FT), entitled “Souped-up...more

Nossaman LLP

Lessons On Peer Review For Calif. Hospitals And Physicians

Nossaman LLP on

On June 6, 2013, the California Supreme Court ruled unanimously in El-Attar v. Hollywood Presbyterian Medical Center that the delegation of a peer-review matter to the hospital's governing board did not violate a physician's...more

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