November 27, 2019 | Delaware Business Court Insider
Chancery Denies Shareholders' Books-and-Records Inspection in Furtherance of Potential Proxy ContestShareholder inspection of books and records pursuant to Section 220 of the Delaware General Corporation Law is a routine procedure for Delaware practitioners, and represents an important tool for shareholders when it comes to their involvement in corporate governance.
By Ellis E. Herington
7 minute read
May 29, 2019 | Delaware Business Court Insider
Del. High Court Awards $126M in Damages for Breach of LLC Agreement, Reversing ChanceryDelaware courts will enforce the terms of well-drafted, unambiguous contracts. Clearly communicating and memorializing parties' expectations in the terms of their contract puts parties in the best position possible to have their expectations enforced and receive the benefit of their bargain.
By Ellis E. Herington and Douglass Herrmann
7 minute read
May 30, 2018 | Delaware Business Court Insider
Court Denies TRO; Highlights the Difficulty of Board Conflicts With Controlling StockholdersWhat obligations does a board of directors owe to a controlling stockholder? What actions can a board of directors take against a controlling stockholder?
By Ellis E. Herington
7 minute read
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