Delaware Business Court Insider | Commentary
By Barry M. Klayman and Mark E. Felger | June 2, 2021
The Supreme Court approved the Court of Chancery's reliance on a 17-year old opinion by then Vice Chancellor Leo Strine in Milford Power v. PDC Milford Power, 866 A.2d 738 (Del. Ch. 2004).
Delaware Business Court Insider | Commentary
By Sameer Advani and Alexander Cheney | May 26, 2021
While Sciabacucchi definitively answered that question under Delaware law, it left at least one question unanswered: would courts in other states enforce such federal forum provisions (FFPs) in the charters of Delaware corporations?
Delaware Business Court Insider | Commentary
By Barry M. Klayman and Mark E. Felger | May 5, 2021
The statute does not define what constitutes a "deposit." In In re Superior Air Charter, Case No. 20-11007 (CSS) (Del. Bankr. April 9, 2021), Chief Judge Christopher Sontchi had to decide whether prepayments for future airplane flights were deposits within the meaning of the statute.
Delaware Business Court Insider | Commentary
By Lewis H. Lazarus and R. Eric Hacker | April 28, 2021
Section 220 of the DGCL enables a stockholder to obtain limited corporate information if they can state a proper purpose. Although in theory straightforward,…
Delaware Business Court Insider | Commentary
By Francis G.X. Pileggi and Chauna A. Abner | April 21, 2021
This is a compilation of selected key Delaware court decisions, rules, and customs to guide out-of-state attorneys admitted to practice in Delaware pro hac vice, or non-Delaware lawyers who collaborate on Delaware litigation with Delaware counsel.
Delaware Business Court Insider | Commentary
By Mackenzie M. Wrobel, | April 7, 2021
To amend, or not to amend? That may not be "the question" posed in William Shakespeare's "Hamlet," but it is "the question" a plaintiff should ask itself upon receiving, and before responding to, a motion from the defendant to dismiss a complaint.
Delaware Business Court Insider | Commentary
By Barry M. Klayman and Mark E. Felger | March 31, 2021
Does a defendant in a complaint brought under 10 Del. C. Section 3901 concede or default on the allegations against it by moving to dismiss under Rule 12 only one of the counts in the complaint without first answering the complaint in whole or in part by affidavit?
Delaware Business Court Insider | Commentary
By Joanna J. Cline and Emily L. Wheatley | March 24, 2021
In a recent decision, the Delaware Supreme Court affirmed a ruling of the Delaware Superior Court that Delaware has a more significant relationship than California to a directors' and officers' liability insurance policy (D&O policy), at least when the dispute involves a Delaware corporation and its directors and officers.
Delaware Business Court Insider | Commentary
By Richard L. Renck | March 17, 2021
While the courts of Delaware have routinely observed that the governance documents for Delaware corporations—the charter and the bylaws—reflect a type of contractual relationship between and among the stockholders, the corporation and the corporation's board of directors, such a contractual relationship does not always give rise to potential claims for breach of contract where directors are alleged to have caused the company to breach specific provisions of a charter.
Delaware Business Court Insider | Commentary
By Francis G.X. Pileggi and Chauna A. Abner | March 10, 2021
This step-by-step guide was created after many years of "trial and error" and eventual success transferring several cases from the Court of Chancery to Superior Court.
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