Philip D Amoa

December 06, 2023 | Delaware Business Court Insider

In Braga, an investor sought to rescind an agreement and recoup its investment based on a fraudulent inducement theory after the investor's relationship with the deal sponsor turned sour. The Delaware Court of Chancery refused to undo the transaction and the investor was left with several expensive lessons in deal making.

By Matthew J. Rifino and Philip D. Amoa

6 minute read

October 05, 2022 | Delaware Business Court Insider

Unless specifically authorized by Delaware's General Corporate Law (DGCL), the contents of a corporation's charter do not displace directors' fiduciary obligations or override the court's "enhanced scrutiny" review for transactions implicating shareholders' sacrosanct voting rights.

By Philip D. Amoa and Travis J. Ferguson

6 minute read

August 25, 2021 | Delaware Business Court Insider

The 2021 amendments to the Delaware General Corporation Law, the Delaware Revised Uniform Partnership Act, the Delaware Revised Uniform Limited Partnership Act and the Delaware Limited Liability Company Act went into effect Aug. 1.

By Philip D. Amoa and Scott J. Seger

9 minute read