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Court of Chancery Denies Director Full Inspection Rights

USA - August 31 2016 This is an almost unprecedented decision to limit the inspection rights of a corporate director. Directors generally have “essentially unfettered”…

Albert J. Carroll

Court of Chancery Explains Tolling Law In Fiduciary Duty Case

USA - August 26 2016 In addition to explaining the seldom-used doctrines of mutual, running accounts and continuing wrongs as exceptions to the running of the statute of…

Court Of Chancery Dismisses Merger Litigation Under The Corwin Doctrine

USA - August 24 2016 This decision applies the Corwin doctrine to dismiss a suit attacking a merger that received stockholder approval. It explains that approval by a…

Albert J. Carroll

Court of Chancery Explains Some Consequences For Violating Forum Selection Agreement

USA - August 23 2016 This is a significant decision because it explains how filing suit somewhere other than in the contractually-designated jurisdiction does not toll…

Albert J. Carroll

Court Of Chancery Determines When Right To Advancement Vested In An LLC Agreement

USA - August 23 2016 This decision provides an excellent review of when the right to advancement under an LLC agreement vests so as to not be lost by the later discharge…

Albert J. Carroll