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Results: 1-10 of 150

Delaware Chancery rejects books and records demand as time-barred

  • Katten Muchin Rosenman LLP
  • -
  • USA
  • -
  • October 17 2014

The Delaware Court of Chancery recently found that a shareholder’s demand for books and records was time-barred, as the alleged basis for a

Delaware Court denies dismissal for disinterested directors when entire fairness applies

  • Katten Muchin Rosenman LLP
  • -
  • USA
  • -
  • September 19 2014

The Delaware Court of Chancery recently addressed the pleading standard for claims against disinterested directors arising out of transactions

Bylaw of Delaware corporation providing for exclusive forum in North Carolina upheld

  • Katten Muchin Rosenman LLP
  • -
  • USA
  • -
  • September 12 2014

In City of Providence v. First Citizens Bancshares, Inc., C.A. No. 9795 (Del. Ch. Sep. 8, 2014), Delaware Chancellor Bouchard upheld a bylaw adopted

Oregon state court refuses to enforce forum selection bylaw

  • Katten Muchin Rosenman LLP
  • -
  • USA
  • -
  • August 29 2014

In Roberts v. TriQuint Semiconductor, Inc., No. 1402-02441 (Cir. Ct. Or. Aug 14, 2014), an Oregon state court, breaking with state courts in

Texas Court of Appeals decertifies class of Brigham shareholders

  • Katten Muchin Rosenman LLP
  • -
  • USA
  • -
  • August 22 2014

On August 15, the Texas Court of Appeals decertified a class of Brigham Exploration Co. shareholders, holding that the trial court failed to comply

Delaware Court of Chancery dismisses derivative suit brought by expired trust

  • Katten Muchin Rosenman LLP
  • -
  • USA
  • -
  • August 15 2014

The Delaware Court of Chancery recently held that the trustee of an expired trust does not have capacity to pursue a derivative suit unless

Amendment to Delaware judicial procedure law permits parties to extend statute of limitations for breach of contract claims

  • Katten Muchin Rosenman LLP
  • -
  • USA
  • -
  • August 8 2014

Pursuant to an amendment to Section 8106 of the Delaware Courts and Judicial Procedure Law, effective as of August 1, parties to a contract may agree

Texas Supreme Court denies minority shareholder’s oppression claims

  • Katten Muchin Rosenman LLP
  • -
  • USA
  • -
  • June 27 2014

On June 20, the Texas Supreme Court ruled that courts are not authorized to order closely held corporations to buy out a minority shareholder's

Delaware Court of Chancery rules that a major debt holder and 48 percent stockholder is a controlling stockholder and owes fiduciary duties to minority stockholders

  • Katten Muchin Rosenman LLP
  • -
  • USA
  • -
  • June 20 2014

In Hamilton Partners, L.P. v. Highland Capital Management, L.P., the Delaware Court of Chancery denied a motion to dismiss breach of fiduciary duty

Delaware Court of Chancery invalidates consent due to inadequate disclosures

  • Katten Muchin Rosenman LLP
  • -
  • USA
  • -
  • June 6 2014

The Delaware Court of Chancery recently invalidated a written consent of a Delaware pharmaceutical corporation due to inadequate disclosures to