Contractual Duties to Conduct a Business in Accordance With 'Sound Business Practices'
The Delaware Court of Chancery's decision in Wenske v. Blue Bell Creameries, C.A. No. 2017-0699-JRS (July 6, 2018) (Slights, V.C.), highlights an interesting practical challenge faced by parties seeking to impose oversight obligations on a manager charged with operating a business in accordance with sound industry business practices.
July 25, 2018 at 09:23 AM
1 minute read
Wenske v. Blue Bell Creameries, Blue Bell Brinckerhoff v. Enbridge Energy Blue Bell Caremark corporate Blue Bell Gabriel Herrmann is a litigation partner, and Lee R. Crain is a litigation associate, in the New York office of Gibson, Dunn & Crutcher. The authors wish to thank Gibson Dunn summer associate Parker W. Knight III for invaluable research assistance in connection with this article.
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