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Appeals & Motions List released on: May 14, 2024
Plaintiff failed to plead demand futility due to the lack of directors' personal liability for oversight and corporate waste claims, as the failure to implement a formal policy governing executives' personal use of corporate aircraft did not, by itself, amount to bad faith, and any financial loss from personal use constituted a fraction of a percentage of the company's expenses and profits.
Appeals & Motions List released on:February 8, 2024
Appeals & Motions List released on:January 30, 2024
Appeals & Motions List released on:November 14, 2023
Court Signs Stipulation Following Arguments That Trial Would Bring Unnecessary Hardship
Claim Preclusion Defeats Claim For Tortious Interference of Employment Contract
Although federal law obligated acquired healthcare provider to obtain patient consent before turning over records to acquirer, the provider nonetheless breached its contractual obligations to transfer the records and its representations and warranties that it had taken all action necessary to perform and that the transaction complied with applicable law.
Chancery court erred in accepting corporate board committee's interpretation of stock option agreement provision without further review or offering the parties the opportunity to provide supplemental briefing or oral argument. Reversed and remanded.
The court granted a motion to dismiss in part and denied in part in a matter involving a patent litigation between plaintiff corporation and foreign defendant.
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