Delaware Business Court Insider | News
By Ellen Bardash | May 29, 2024
Chancellor Kathaleen McCormick said she's holding defense counsel to their word and will leave the door open for the motions to be raised again if they don't keep it.
New York Law Journal | Analysis
By David A. Katz and Laura A. McIntosh | May 22, 2024
The 2024 proxy season demonstrated that AI-related disclosures and governance structures currently are a subject of intense shareholder interest. It is likely that both disclosure- and governance-oriented shareholder proposals regarding AI will gain traction in future proxy seasons.
Delaware Business Court Insider | Commentary
By Barnaby Grzaslewicz | May 22, 2024
Parties to transaction agreements often choose Delaware as the exclusive forum for disputes arising out of their transactions. This is common, where the parties are from diffuse geographic locations, but desire a single forum well-versed in corporate and commercial law—like Delaware—to resolve their disputes.
Delaware Business Court Insider | Commentary
By Albert J. Carroll | May 15, 2024
In re Carvana Stockholders Litigation is another example of a board successfully employing this process to discontinue a derivative suit after directors weighed the pros and cons and made a good faith business judgment to dismiss.
Delaware Business Court Insider | News
By Ellen Bardash | May 3, 2024
The companies are seeking to end an ongoing, parallel case that an Activision shareholder, the Swedish pension fund Sjunde AP-fonden, has been pursuing since November 2022.
By Greg Andrews | May 3, 2024
"We believe that Mr. Zuckerberg's role puts him in a unique position: he is synonymous with Meta and, as a result, negative sentiment regarding our company is directly associated with, and often transferred to, Mr. Zuckerberg," the company's proxy statement says.
By Chris O'Malley | May 2, 2024
"Our results should give pause to regulators and commentators who recommend separating the CLO and CS roles," said the study submitted to the Association of Corporate Counsel.
By Michael A. Mora | May 2, 2024
The 89 lawsuits against a corporate defendant in 2023 that resulted in a nuclear verdict of at least $10 million is the largest number of such cases in a single year since 2009.
Delaware Business Court Insider | News
By Ellen Bardash | May 1, 2024
The high court's decision is the latest to map out steps corporations need to take when handling a controller-involved transaction.
Delaware Business Court Insider | Commentary
By Kaan Ekiner and Mark E. Felger | May 1, 2024
In Pilot v. Greg Abel, Vice Chancellor Morgan T. Zurn granted a motion to strike the defenses of unclean hands and in pari delicto because the defenses lacked a sufficient nexus to the contractual claims asserted by the plaintiff.
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