After Hours: Chancery Finds Delaware's 'Business Day' Extends to Midnight
Vice Chancellor Morgan Zurn's decision is the first to address exactly at what time of day the fifth business day ends and a plaintiff is allowed to file a complaint for failure to comply with a demand, as Section 220(c) doesn't provide those parameters.
October 29, 2020 at 03:57 PM
4 minute read
Attorneys practicing in Delaware courts may not all be working until midnight, but that's when the courts consider a business day to end, Vice Chancellor Morgan Zurn ruled in an case of first impression Wednesday.
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