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March 21, 2024 | Delaware Business Court Insider

Ousted Chemours Execs Targeted in Securities Action Over Corporate Books

ernstein Litowitz Berger & Grossman and Kessler Topaz Meltzer & Check are representing the plaintiff in the case, which brings Exchange Act claims against Chemours and several executives.
3 minute read
March 21, 2024 | Delaware Business Court Insider

Key Delaware Decision in 'Activision' Upends Standard Board Practices for Approving Mergers

This article lays out practice points in response to the Delaware Court of Chancery's recent decision in In Ap-Fonden v. Activision, which opens a new frontier for challenging a board's process in approving mergers. It discusses the significance the decision has on the merger agreement processes as well as what practitioners should consider moving forward as they navigate this decision.
18 minute read
March 20, 2024 | Delaware Business Court Insider

Superior Court: More Overlap in Case Facts Needed for Insurer to Deny D&O Coverage

Delaware Superior Court Judge Paul R. Wallace granted a California-based biotech company's motion for partial summary judgment.
3 minute read
March 20, 2024 | Delaware Business Court Insider

Democrat Criticizes Adeel Mangi, Who Wants to Become a Judge

The flap over Mangi's links to the Alliance of Families for Justice bears similarities to the heavy criticism he received for his connection to Rutgers University's Center for Security, Race and Rights. In the case of the Rutgers group, as with the AFJ, Mangi was one of many individuals on the advisory board.
5 minute read
March 19, 2024 | Delaware Business Court Insider

With Albertsons Complaint, Chancery Sees New Challenge to Advance Notice Bylaws

The complaint is proving true a prediction made by Vice Chancellor Lori Will in a 2023 opinion anticipating shareholder suits over the corporate provisions.
3 minute read