Travis J Ferguson

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 02, 2017 | Delaware Business Court Insider

Three recent decisions by Delaware courts have addressed the appropriateness of equitable relief to acquire funds held in escrow post-closing of a transaction.

By Travis J. Ferguson

6 minute read

September 28, 2016 | Delaware Business Court Insider

The Delaware Court of Chancery has held that there was no credible basis to infer a potential Caremark claim for breach of fiduciary duty for failure to exercise oversight where the stockholder's only identified use of corporate books and records was to investigate mismanagement or wrongdoing to evaluate potential litigation and the board's actions ultimately would be "fully protected" by 8 Del. C. Section 141(e).

By Travis J. Ferguson

16 minute read