Benjamin P. Chapple
Reed Smith LLP
Articles
Court of Chancery issues stay pending committee determination of ADR provision
USA - May 17 2022 In Terrell v. Kiromic Biopharma, Inc., C. A. No. 2021-0248-MTZ (Del. Ch. Jan. 20, 2022), the Delaware Court of Chancery stayed a lawsuit because the…
Delaware Superior Court tackles valuation of crypto tokens
USA - May 17 2022 In Diamond Fortress Techs., Inc. v. EverID, Inc., 2022 Del. Super. LEXIS 151 (Super. Ct. Apr. 14, 2022), the Delaware Superior Court looked to both…
Confidentiality agreements may not protect disclosure in books and records actions
USA - May 17 2022 Under the Delaware General Corporation Law, title 8, section 220, and similar statutes governing alternative entities, demands to inspect books and…
Delaware Supreme Court clarifies standard for “relatedness” in insurance coverage context
USA - April 12 2022 In First Solar, Inc. v. Nat’l Union First Ins. Co., No. 217, 2021, 2022 Del. LEXIS 93 (Mar. 16, 2022), the Delaware Supreme Court affirmed the…
Court of Chancery explains that “sandbagging” in the M&A context is generally permitted under Delaware law
USA - April 12 2022 “Sandbagging,” when used in connection with an M&A dispute, refers to the situation in which a buyer, prior to closing, knows that the seller’s…
