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Chancery Court dismisses complaint for failure to state a claim, holding that review of sale under entire fairness is not warranted

USA - May 31 2019 In Aron English and Richard Peppe v. Charles K. Narang, et al., C.A. No. 2018-0221-AGB (Del. Ch. March 20, 2019), the Delaware Court of Chancery (the...

Adam Heyd.

Stockholder Makes Demand on United Airlines and Encounters Turbulence

USA - April 8 2019 In City of Tamarac Firefighters' Pension Trust Fund v. Corvi, et. al, C.A. No. 2017-0341-KSJM, the Delaware Chancery Court issued a Memorandum Opinion...

Tom Sperber.

No Rummaging Required: Chancery Court Rules Form 10-K Adequate to Discharge Duty of Disclosure When Provided Conspicuously and Concurrently with Stockholder Proxy

USA - December 27 2018 In a Memorandum Opinion, Samuel Zalmanoff v. John A. Hardy et. Al, Civil Action No. 12912-VCS (Del. Ch. November 13, 2018), the Delaware Court of...

Will Smith.

Delaware Chancery Court Rejects Fraud-Based and Uncapped Indemnification Claims of Great Hill Partners Against the Founders of Plimus

USA - December 21 2018 In a case arising out of the purchase by Great Hill Partners of Plimus (now known as BlueSnap, Inc.), the Delaware Court of Chancery, after a 10-day...

Peter N. Flocos.

Delaware Chancery Court Rejects Fraud-Based and Uncapped Indemnification Claims of Great Hill Partners Against the Founders of Plimus

USA - December 20 2018 In a case arising out of the purchase by Great Hill Partners of Plimus (now known as BlueSnap, Inc.), the Delaware Court of Chancery, after a 10-day...

Peter N. Flocos.