Delaware Business Court Insider
By Jeff Mordock | June 8, 2011
Section 225(b) of Delaware's General Corporation Law does not create a method for corporations to seek advisory opinions from the Chancery Court, according to a ruling by Vice Chancellor Trav
Delaware Business Court Insider
By Jeff Mordock | January 23, 2013
The Delaware Court of Chancery has dismissed breach of fiduciary claims arising out of the $1.1 billion merger between two oil and gas pipeline operators. In dismissing the claims, the Chance
Delaware Business Court Insider
By Jeff Mordock | May 23, 2012
The Delaware Supreme Court has barred fraud claims alleged by an investment company seeking to acquire a rifle manufacturer because a provision in the nondisclosure agreement, or NDA, protect
Delaware Business Court Insider
By Philippa Maister Corporate Counsel | July 18, 2012
"The buck stops here."It's a phrase immortalized by a sign on the desk of former President Harry Truman, and it's often associated with the willingness of chief executi
Delaware Business Court Insider
By Sheri Qualters The National Law Journal | September 21, 2011
Judges on the Delaware Court of Chancery are putting plaintiffs' attorney fee requests under the microscope in cases challenging corporate deals - and slashing requested fees when they find t
Delaware Business Court Insider
By Jeff Mordock | August 15, 2012
The Delaware Court of Chancery has denied Morgan Stanley Mortgage Capital Inc.'s motion to dismiss a lawsuit alleging that the company breached its contractual obligations when it sold a pack
Delaware Business Court Insider
By Jeff Mordock | October 2, 2013
An increasing number of shareholder lawsuits alleging that Delaware corporations are publishing false or misleading proxy information are being filed in other jurisdictions and often resolve
Delaware Business Court Insider
By Jeff Mordock | January 25, 2012
The Delaware Chancery Court has denied a majority of the Section 220 requests that have been litigated before it during the past year. At first glance, it may appear as if the court is trying
Delaware Business Court Insider
By Jeff Mordock | May 1, 2013
A Chinese company's directors can still be held personally liable for acting in bad faith and failing to exercise oversight of the corporation even after they have resigned from the board, th
Delaware Business Court Insider
By Jeff Mordock | June 12, 2013
A conclusive presumption of good faith contracted into an oil and gas company's limited partnership agreement cannot preclude a unitholder's lawsuit because the concept of good faith describe
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