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U.S. independent directors of foreign companies may not serve as “dummy directors” or resign at will

Jenner & Block
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USA
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April 30 2013

In a bench ruling issued February 6, 2013 in In re Puda Coal, Inc. Stockholders Litig., C.A. No. 6476-CS (Del. Ch.), the Delaware Court of Chancery

Inspection demands and fiduciary claims must be in separate complaints

Jenner & Block
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USA
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April 19 2013

In Ravenswood Investment Co. v. Winmill & Co., No. 7048 (Del. Ch. Jan. 31, 2013), the Delaware Chancery Court held that a fiduciary duty claim and a

Only California corporations are subject to California survival statute

Jenner & Block
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USA
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April 19 2013

In Greb v. Diamond International Corp., 295 P.3d 353 (Cal. 2013) (No. S18 3365), the California Supreme Court held that California Corporations Code

No derivative claim for waste regarding non-tax-deductible bonus plan

Jenner & Block
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USA
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March 13 2013

In Freedman v. Adams,58 A.3d 414 (Del. 2013) (No. 230, 2012), the Delaware Supreme Court en banc held that a corporate board's decision to pay

No injunction for failure to disclose financial projections in merger vote

Jenner & Block
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USA
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March 13 2013

In Dent v. Ramtron International Corp., No. 7950 (Del. Ch. Nov. 19, 2012), the Delaware Chancery Court held that the failure to disclose management's

Individual claim not barred by prior class settlement due to ineffective notice

Jenner & Block
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USA
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February 14 2013

A group of plaintiffs settled a debt collection class action. Notice of the settlement was provided to plaintiff Hecht, a class member bound by the

California Supreme Court ruling expands temporal reach of California Unfair Competition Law

Jenner & Block
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USA
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February 14 2013

In Aryeh v. Canon Business Solutions, Inc., Case No. S184929, the California Supreme Court recently settled a split in the California Court of Appeal

Delaware LLC Act’s default fiduciary duties remain open question

Jenner & Block
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USA
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February 14 2013

A recent ruling from the Delaware Supreme Court, Gatz Props., LLC v. Auriga Capital Corp., 2012 Del. LEXIS 577 (Del. Nov. 7, 2012), overruled the

Dismissal of derivative suit held not preclusive as to other shareholders

Jenner & Block
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USA
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December 31 2012

In South v. Baker, No. 7294 (Del. Ch. Sept. 25, 2012), the Delaware Chancery Court held that the dismissal with prejudice of a derivative suit

SOX privilege protects materials prepared in response to PCAOB investigation

Jenner & Block
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USA
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December 31 2012

In Bennett v. Sprint Nextel Corp., No. 11-9014 (W.D. Mo. Oct. 10, 2012), the court held that the privilege created by the Sarbanes Oxley Act ("SOX"

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Search results

U.S. independent directors of foreign companies may not serve as “dummy directors” or resign at will

Inspection demands and fiduciary claims must be in separate complaints

Only California corporations are subject to California survival statute

No derivative claim for waste regarding non-tax-deductible bonus plan

No injunction for failure to disclose financial projections in merger vote

Individual claim not barred by prior class settlement due to ineffective notice

California Supreme Court ruling expands temporal reach of California Unfair Competition Law

Delaware LLC Act’s default fiduciary duties remain open question

Dismissal of derivative suit held not preclusive as to other shareholders

SOX privilege protects materials prepared in response to PCAOB investigation

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