October 25, 2017 | Delaware Business Court Insider
Chancery Finds Expert Valuations Are Inadmissible as Hearsay EvidenceThe Delaware Court of Chancery issued an important evidentiary ruling in Zohar II 2005-1 Ltd. v. FSAR Holdings, finding that expert valuation reports were inadmissible as hearsay.
By Francis G.X. Pileggi and Alexandra Rogin
3 minute read
April 12, 2017 | Delaware Business Court Insider
Removal of Director, Members of Nonstock Corporation InvalidThe Delaware Court of Chancery recently held that a pro se defendant was not effectively removed as a director, officer or member of a Delaware nonstock corporation, Rainbow Mountain Inc.
By Francis G.X. Pileggi, Justin M. Forcier and Alexandra Rogin
8 minute read
January 04, 2017 | Delaware Business Court Insider
Delaware Chancery Court Strikes Down Fee-Shifting BylawThe Delaware Court of Chancery has held that a corporate bylaw ran afoul of 8 Del. C. Section 109(b), where it purported to shift attorney fees and expenses to an unsuccessful stockholder that filed an internal corporate claim outside of the state of Delaware.
By Gary W. Lipkin, Alexandra Rogin and Justin M. Forcier
14 minute read
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