Delaware Business Court Insider | Commentary
By Molly DiBianca | July 26, 2023
The right of a shareholder to demand to inspect a company's books and records may be an important tool but it is not without limits. In a recent decision involving The Walt Disney Co. (Disney), the Delaware Court of Chancery reminded one litigant that disagreement over business decisions, including decisions about a company's position on social issues, is not a proper basis for a shareholder action under Section 220.
Delaware Business Court Insider | News
By Ellen Bardash | July 24, 2023
The problem with the settlement, the court said, is its proposed release of claims involving AMCs preferred equity shares, or APEs, held by those who also hold common stock.
By Hugo Guzman | July 24, 2023
"Sustainability is typically treated by most managers as someone else's problem and relegated to a department or even a single individual," a new report published in the MIT Sloan Management Review found.
By Greg Andrews | July 20, 2023
"While investors have long taken issue with Netflix's executive pay, the compensation structure is more egregious against the backdrop of the strike," Writers Guild of America West President Meredith Stiehm told the company's shareholders.
Delaware Business Court Insider
By Emily Saul | July 19, 2023
Shareholders alleged that current and former members of the board grossly overpaid themselves between 2017 and 2020.
By Emily Saul | July 19, 2023
Shareholders alleged that current and former members of the board grossly overpaid themselves between 2017 and 2020.
Corporate Counsel | Expert Opinion|Investigation
By Eric R. Nitz and Walter H Hawes IV | July 19, 2023
When corporate misconduct comes to light, corporations often must conduct an internal investigation to effectively assess potential liability, craft remediation, and engage with regulatory scrutiny. Companies rely on investigative findings in advocating for DOJ, SEC, and other regulators to forgo charges or enforcement.
Delaware Business Court Insider | Commentary
By Albert H. Manwaring IV | July 19, 2023
In New Enterprise Associates 14. v. Rich, the Delaware Court of Chancery ruled that a covenant not to sue for breach of fiduciary duties in connection with the exercise of a drag-along provision to approve a merger or sale contained in a voting agreement among sophisticated stockholders in a Delaware general corporation was not facially invalid.
Delaware Business Court Insider | Analysis
By Brad Kutner | July 18, 2023
"Companies are saying they need to make sure their disclosures are backed up by data and can respond when the questions come," said Tara K. Giunta, co-chair of Paul Hastings' ESG Risk, Strategy and Compliance Group.
National Law Journal | Analysis
By Brad Kutner | July 18, 2023
"Companies are saying they need to make sure their disclosures are backed up by data and can respond when the questions come," said Tara K. Giunta, co-chair of Paul Hastings' ESG Risk, Strategy and Compliance Group.
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