Delaware Business Court Insider | Commentary
By David J. Margules | January 25, 2023
Delaware's Supreme Court unanimously overturned a landmark Chancery Court judgment holding a general partner liable for exercising an option to cash out minority holders in bad faith reliance on a "contrived" legal opinion.
By Chris O'Malley | January 25, 2023
"The state AGs are going after everyone in the supply chain. Everyone should be ready for scrutiny," said Chris Carlson, an associate at Troutman Pepper.
By Chris O'Malley | January 24, 2023
"The lawyers in our survey gave remarkably consistent comments. ... They see the key risk as the board. They worry over its composition, quality and experience," Baker McKenzie wrote in a recently released report.
Delaware Business Court Insider
By Adolfo Pesquera | January 24, 2023
"If this is an 'interested' director transaction ... the inquiry ceases. In that event, futility of demand has been established by any objective or subjective standard," the dissent said.
By Adolfo Pesquera | January 24, 2023
"If this is an 'interested' director transaction ... the inquiry ceases. In that event, futility of demand has been established by any objective or subjective standard," the dissent said.
The Legal Intelligencer | Commentary
By Christopher D. Carusone | January 24, 2023
On Nov. 26, 2022, the Pennsylvania criminal procedural rules committee published proposed changes to the Pennsylvania Rules of Criminal Procedure predicated on the task force's recommendations and recent case law.
By Chris O'Malley | January 23, 2023
"If you publicly announce your commitment to ESG principles, you should expect scrutiny and take steps now to stand behind this position," said Chris Carlson, an associate at Troutman Pepper.
By Maria Dinzeo | January 20, 2023
"When you put up barriers to use of 10b5-1 plans, I think you set up scenarios that might create some more urgent circumstances for trading, and those are the ones that are harder for general counsel to make a call on," said Daniel O'Connor, a partner with Ropes and Gray.
The Legal Intelligencer | Commentary
By Edward S. Robson | January 19, 2023
In disputes among the owners of a closely held company, involuntary judicial dissolution is the nuclear option.
Delaware Business Court Insider | Commentary
By Francis G.X. Pileggi and Sean M. Brennecke | January 18, 2023
This list highlights notable decisions that should be of widespread interest to those who work in the corporate and commercial litigation field or who follow the latest developments in this area of Delaware law.
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