Ellis E Herington

Ellis E Herington

November 27, 2019 | Delaware Business Court Insider

Chancery Denies Shareholders' Books-and-Records Inspection in Furtherance of Potential Proxy Contest

Shareholder 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 Chancery

Delaware 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 Stockholders

What 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