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9,784 results found

Article

Dechert LLP | USA | 22 May 2020

Asset Management Litigation/Enforcement Flash Report

Especially in today's economic and work environment, we find it helpful - and we therefore thought our clients would also find it helpful - to keep…
Article

K&L Gates | USA | 22 May 2020

Court of Chancery decides motions to dismiss, motion for summary judgment, and motion for judgment on the pleadings when plaintiff sues stockholders and directors of the company he founded

In Craig T. Bouchard v. Braidy Industries, Inc., et al., Case No. 2020-0097-KSJM (Del. Ch. Apr. 28, 2020), the Delaware Court of Chancery addressed…
Article

Vorys Sater Seymour and Pease LLP | USA | 20 May 2020

Monitoring and Oversight in the COVID-19 Era

A board's core duties to employ reasonable and effective oversight of management and business operations are even more important in this unique…
Article

Lowenstein Sandler LLP | USA | 19 May 2020

Do Delaware Conversions and Domestications Offer Appraisal Rights? Not under Delaware law.

Business Law Today previously posted this piece discussing key Delaware General Corporate Law differences between merger, conversions and…
Article

K&L Gates | USA | 19 May 2020

Court of Chancery Defers to Board of Director’s Business Judgment in Response to Stockholder’s Dividend Demand

In Buckley Family Trust v. Charles Patrick McCleary, et al. (C.A. No. 2018-0903-AGB), the Delaware Court of Chancery (the “Court”) granted…
Article

K&L Gates | USA | 16 May 2020

Court of Chancery Applies Entire Fairness Standard to Stock Sale Approved by Interested Board of Directors

In Marion Coster v. UIP Companies, Inc. (C.A. No. 2018-0440-KSJM) the Delaware Court of Chancery (the “Court”) addressed a dispute over the control…
Article

K&L Gates | USA | 15 May 2020

Court of Chancery Analyzes LLC Valuation Reports in Connection With Breach of Fiduciary Duty

In Zachman v. Real Time Cloud Services, LLC, the Delaware Court of Chancery analyzed competing expert reports valuing a Delaware limited liability…
Article

K&L Gates | USA | 15 May 2020

Attempt to Seize Control of a Beverage Company? Court of Chancery finds Insufficient Evidence of Civil Conspiracy

In Todd O’Gara and Wanu Water, Inc. v. Sheldon Coleman, et al., C.A. No. 2018-0708-KSJM (Del. Ch. Feb. 14, 2020), the Delaware Court of Chancery (the…
Article

K&L Gates | USA | 15 May 2020

Court Holds Trustee did Not Abuse Discretion in Rejecting Competing Acquisition Proposal for Liquidated Entity’s Assets

In Acela Investments LLC, et al. V. Raymond DiFalco and Manish Shah, C.A. No. 2018-0558-AGB, (Del. Ch. April 27, 2020), the Delaware Court of…
Article

K&L Gates | USA | 14 May 2020

Plaintiff Entitled to Inspect Additional Documents Where Proper Purpose Demonstrated as to Mismanagement and Wrongdoing

In Paraflon Investments Ltd. v. Linkable Networks, Inc., C.A. No. 2017-0611-JRS (Del. Ch. April 3, 2020), the Delaware Court of Chancery (the…
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