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Barry M. Klayman and Mark E. Felger Barry M. Klayman and Mark E. Felger

In Personal Touch Holding v. Glaubach, C.A. No. 11199-CB (Del. Ch. Feb. 25, 2019), Chancellor Andre G. Bouchard expounded on the limits of the corporate opportunity doctrine. Central to this post-trial opinion is his discussion regarding the contours of the “line of business” test and the need to apply the concept flexibly and sensibly when determining whether a corporation has an interest in a line of business.

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