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289 results for '* topic:"Corporate Governance"' You can use Search Constraints to get even better search results
Publication Date: 2023-02-14
Practice Area: Corporate Governance
Industry: Education | Non-Profit
Court: Court of Chancery
Judge: Vice Chancellor Zurn
Attorneys: For plaintiff: Catherin A. Gaul, Ashby & Geddes, Wilmington, DE; H. Gregory Baker, Jayce Nadipuram, Patterson Belknap Webb & Tyler LLP for plaintiff.
for defendant: A. Thompson Bayliss, Daniel J. McBride, Abrams & Bayliss LLP, Wilmington, DE; Harvey J. Wolkoff, Matthew Mazzotta, Quinn Emanuel Urquhart & Sullivan LLP, Boston, MA for defendants.
Case Number: 2021-0926-MTZ
The court denied defendant nonprofit's motion to dismiss on the grounds that plaintiff adequately pled that defendant board members had violated their fiduciary duties and 8 Del C. §109 by restricting the general members' ability to make, amend, or repeal bylaws.
Publication Date: 2023-02-07
Practice Area: Corporate Governance
Industry: Pharmaceuticals
Court: Court of Chancery
Judge: Vice Chancellor Laster
Attorneys: For plaintiff: Joel Friedlander, Christopher M. Foulds, David Hahn, Friedlander & Gorris, P.A., Wilmington, DE; S. Michael Sirkin, R. Garrett Rice, Ross Aronstam & Moritz LLP, Wilmington DE; Gregory Lomax, Lauletta Birnbaum, Sewell, NJ; Jill Guldin, Fisher Broyles, LLP, Princeton, NJ for plaintiffs.
for defendant: David A. Jenkins, Julie M. O’Dell, Smith, Katzenstein & Jenkins LLP; Wilmington, DE; Steven L. Caponi, Matthew B. Goeller, Megan E. O’Connor, K&L Gates LLP, Wilmington, DE; Kurt M. Heyman, Patricia L. Enerio, Gillian L. Andrews, Heyman Enerio Gattuso & Hirzel LLP, Wilmington, DE; John L. Reed, Ronald N. Brown, III, Peter H. Kyle, Kelly L. Freund, DLA Piper LLP (US), Wilmington, DE; Neal J. Levitsky, E. Chaney Hall, Fox Rothschild LLP, Wilmington, DE; Emily A. Kaller, Greenbaum, Rowe, Smith & Davis LLP, Woodbridge, NJ; William M. Kelleher, Phillip A. Giordano, Madeline Silverman, Gordon, Fournaris & Mammarella, P.A., Wilmington, DE for defendants.
Case Number: 2019-0736-JTL
Court declined to dismiss case against defendants under forum non conveniens where there was no earlier-filed similar action and the court had already established personal jurisdiction over defendants.
Publication Date: 2023-01-31
Practice Area: Corporate Governance
Industry: Distribution and Wholesale | Pharmaceuticals
Court: Delaware Supreme Court
Judge: Justice Valihura
Attorneys: For plaintiff: David Teklits, Sara Barry, Morris, Nichols, Arsht & Tunnell LLP, Wilmington, DE; Jeffrey Alan Simes, Goodwin Proctor, LLP, New York, NY for appellants.
for defendant: Richard I.G. Jones, John G. Harris, Berger Harris LLP, Wilmington, DE for appellees.
Case Number: 184, 2022
The court affirmed the trial court's ruling that an irrevocable proxy did not run with majority shares and dismissed appellant's arguments that the court improperly relied on "extrinsic" evidence contained in the proxy's addendum as well as the Third Restatement, finding that the addendum fell within the proxy's four corners and that the law cited from the Third Restatement accurately reflected the same legal principles that were in place at the time the proxy was established.
Publication Date: 2023-01-31
Practice Area: Corporate Governance
Industry: Accounting | Biotechnology
Court: Court of Chancery
Judge: Vice Chancellor Laster
Attorneys: For plaintiff: Joel Friedlander, Christopher M. Foulds, David Hahn, Friedlander & Gorris, P.A., Wilmington, DE; S. Michael Sirkin, R. Garrett Rice, Ross Aronstam & Moritz LLP, Wilmington DE; Gregory Lomax, Lauletta Birnbaum, Sewell, NJ; Jill Guldin, Fisher Broyles, LLP, Princeton, NY for plaintiffs.
for defendant: David A. Jenkins, Julie M. O’Dell, Smith, Katzenstein & Jenkins LLP; Wilmington, DE; Steven L. Caponi, Matthew B. Goeller, Megan E. O’Connor, K&L Gates LLP, Wilmington, DE; Kurt M. Heyman, Patricia L. Enerio, Gillian L. Andrews, Heyman Enerio Gattuso & Hirzel LLP, Wilmington, DE; John L. Reed, Ronald N. Brown, III, Peter H. Kyle, Kelly L. Freund, DLA Piper LLP (US), Wilmington, DE; Neal J. Levitsky, E. Chaney Hall, Fox Rothschild LLP, Wilmington, DE; Emily A. Kaller, Greenbaum, Rowe, Smith & Davis LLP, Woodbridge, NJ; William M. Kelleher, Phillip A. Giordano, Madeline Silverman, Gordon, Fournaris & Mammarella, P.A., Wilmington, DE for defendants.
Case Number: 2019-0736-JTL
Person serving in role akin to corporate officer could be served under the Delaware Officer Consent Statute even without formally accepting a title.
Publication Date: 2023-01-24
Practice Area: Corporate Governance
Industry: Legal Services
Court: Court of Chancery
Judge: Vice Chancellor Laster
Attorneys: For plaintiff: Joel Friedlander, Christopher M. Foulds, David Hahn, Friedlander & Gorris, P.A., Wilmington, DE; S. Michael Sirkin, R. Garrett Rice, Ross Aronstam & Moritz LLP, Wilmington DE; Gregory Lomax, Lauletta Birnbaum, Sewell, NJ; Jill Guldin, Fisher Broyles, LLP, Princeton, NJ for plaintiffs.
for defendant: David A. Jenkins, Julie M. O’Dell, Smith, Katzenstein & Jenkins LLP; Wilmington, DE; Steven L. Caponi, Matthew B. Goeller, Megan E. O’Connor, K&L Gates LLP, Wilmington, DE; Kurt M. Heyman, Patricia L. Enerio, Gillian L. Andrews, Heyman Enerio Gattuso & Hirzel LLP, Wilmington, DE; John L. Reed, Ronald N. Brown, III, Peter H. Kyle, Kelly L. Freund, DLA Piper LLP (US), Wilmington, DE; Neal J. Levitsky, E. Chaney Hall, Fox Rothschild LLP, Wilmington, DE; Emily A. Kaller, Greenbaum, Rowe, Smith & Davis LLP, Woodbridge, NJ; William M. Kelleher, Phillip A. Giordano, Madeline Silverman, Gordon, Fournaris & Mammarella, P.A., Wilmington, DE for defendants.
Case Number: 2019-0736-JTL
Although alleged tortious interference was not sufficiently factually related to fiduciary duty claims to support ancillary personal jurisdiction, the court could exercise personal jurisdiction under the long-arm statute where the alleged tortious interference with trust involved appointing a Delaware trustee and changing the situs of the trust to Delaware.
Law Journal Press | Digital Book
Authors: Shari L. Klevens, Alanna G. Clair
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Publication Date: 2023-01-17
Practice Area: Corporate Governance
Industry: Automotive | Investments and Investment Advisory | Manufacturing
Court: Court of Chancery
Judge: Vice Chancellor Will
Attorneys: For plaintiff: Michael J. Barry, Grant & Eisenhoffer, P.A., Wilmington, DE; Michael Klausner, Stanford, CA, for plaintiff.
for defendant: John L. Reed, Ronald N. Brown, Kelly L. Freund, DLA Piper LLP (US), Wilmington, DE; Melanie E. Walker, Gaspard Rappoport, DLA Piper LLP (US), Los Angeles, CA for defendants.
Case Number: 2021-0679-LWW
Public stockholder in pre-merger special purpose acquisition company sufficiently stated breach of fiduciary claims under entire fairness review by alleging that sponsor and the SPAC board were conflicted as they stood to see a return on their investment even though the post-merger company would not succeed, and regardless of whether the public stockholders would be better served by liquidation.
Publication Date: 2023-01-03
Practice Area: Corporate Governance
Industry: Energy | Investments and Investment Advisory | Transportation
Court: Delaware Supreme Court
Judge: Justice Seitz
Attorneys: For plaintiff: William Savitt, Sarah K. Eddy, Adam M Gogolak, Wachtell, Lipton, Rosen & Katz, New York, NY; Daniel A. Mason, Paul, Weiss, Rifkind, Wharton & Garrison LLP, Wilmington, DE; Stephen P. Lamb, Andrew G. Gordon, Harris Fischman, Robert N. Kravitz, Carter E. Greenbaum, Paul, Weiss, Rifkind, Wharton & Garrison LLP, New York, NY; Srinivas M. Raju, Blake Rohrbacher, Matthew D. Perri, John M. O’Toole, Richards, Layton & Finger, P.A., Wilmington, DE; Rolin P. Bissell, Young Conaway Stargatt & Taylor LLP, Wilmington, DE for appellants.
for defendant: A. Thompson Bayliss, J. Peter Shindel, Jr., Daniel G. Paterno, Eric A. Veres, Samuel D. Cordle, Abrams & Bayliss LLP, Wilmington, DE for appellees.
Case Number: 2021-0700-PWG
Member controlling general partner in Master Limited Partnership was correct party to determine whether opinion of counsel to exercise call right was acceptable, meaning that general partner and related entities were exculpated from liability to limited partners due to the presumption of good faith in reliance on opinion of counsel imposed by the limited partnership agreement.
Publication Date: 2022-12-13
Practice Area: Corporate Governance
Industry: Investments and Investment Advisory | Technology Media and Telecom
Court: Court of Chancery
Judge: Vice Chancellor Laster
Attorneys: For plaintiff: Steven L. Caponi, Matthew B. Goeller, Megan E. O’Connor, K&L Gates LLP, Wilmington, DE for plaintiff.
for defendant: Andrew S. Dupre, Brian R. Lemon, Stephanie H. Dallaire, Travis J. Ferguson, McCarter & English, LLP, Wilmington, DE for defendants.
Case Number: 2022-0930-JTL
Secured creditor validly exercised rights under pledge agreement to replace sole director of debtor's wholly-owned subsidiary, where creditor regained enforcement rights it had assigned when the assignee defaulted on its agreement with creditor.
Publication Date: 2022-11-15
Practice Area: Corporate Governance
Industry: Biotechnology | Pharmaceuticals
Court: Court of Chancery
Judge: Vice Chancellor Will
Attorneys: For plaintiff: Jeffrey J. Lyons, Baker & Hostetler LLP. Wilmington, DE; Teresa Goody Guillén, Baker & Hostetler LLP, Washington D.C.; Marco Molina, Baker & Hostetler LLP, Costa Mesa, CA for plaintiff.
for defendant: Michael A, Pittenger, William R. Denny, Matthew F. Davis, Nicholas D. Mozal, Laura G. Readinger, Carson R. Bartlett, Shelby M. Thornton, Potter Anderson & Corroon LLP, Wilmington, DE for defendants.
Case Number: 2022-0669-LWW
The court denied plaintiff stockholder's request for preliminary injunctive relief requesting that defendant board of directors recognize a candidate nomination.
Publication Date: 2022-10-11
Practice Area: Corporate Governance
Industry: Technology Media and Telecom
Court: Court of Chancery
Judge: Vice Chancellor Laster
Attorneys: For plaintiff: Steven P. Wood, Andrew S. Dupre, Brian R. Lemon, Sarah E. Delia, Stephanie H. Dallaire, Travis J. Ferguson, McCarter & English, LLP, Wilmington, DE for plaintiff.
for defendant: Jenness E. Parker, Bonnie W. David, Lilianna Anh P. Townsend, Trevor T. Nielsen, Skadden, Arps, Slate, Meagher & Flom LLP, Wilmington, DE; Eben P. Colby, Marley Ann Brumme, Skadden, Arps, Slate, Meagher & Flom LLP, Boston, MA for defendant.
Case Number: 2020-0766-JTL
Secured creditor's motion to modify injunction requiring the return of assets to debtor denied where transferee had no legal right to title to the assets, and debtor was entitled to the assets to satisfy its secured debts.
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