1/7/2026 2:41:07 PM Court of Chancery Partially Grants Motion to Dismiss Caremark Claims Brought Directly By Samuel Bashman K. Tyler O'Connell Giuliano v. Grenfell-Gardner, C.A. No. 2021-0452-KSJM (Del. Ch. Sept. 2, 2025) This case dealt with Caremark claims alleging that former...
12/11/2025 8:57:37 PM Delaware Supreme Court Holds that Amazon Stockholder’s Demand Stated a Credible Basis to Investigate Alleged Anti-Competitive Behavior By K. Tyler O'Connell Samuel Bashman Wong Leung Revocable Tr. v. Amazon.com, No. 487 (Del. July 29, 2025) In the wake of antitrust investigations and an action filed by the...
12/10/2025 7:03:07 PM Chancery Dismisses Claims for Twitter Stockholder’s Trading Loss Arising from Musk’s Public Statements By Samuel Bashman K. Tyler O'Connell Khalid v. Musk, C.A. No. 2024-0443-KSJM (Del. Ch. July 18, 2025) The plaintiff acquired Twitter stock following Elon Musk’s...
12/5/2025 6:37:37 PM Court of Chancery Dismisses Claims for Breach of Fiduciary Duty Due to Release By K. Tyler O'Connell Samuel Bashman Jhaveri v. K1 Inv. Mgmt. LLC, C.A. No. 2024-0410-LWW (Del. Ch. June 27, 2025) In this decision, the plaintiff was a...
10/21/2025 2:25:37 PM Chancery Holds that Plaintiffs Asserted Non-Exculpated Disclosure Claims Because it was Reasonably Conceivable that Defendants Acted in Bad Faith By K. Tyler O'Connell Samuel Bashman Sarasota Firefighters’ Pension Fund v. Inovalon Hldgs. Inc., C.A. No. 2022-0698-KSJM (Del. Ch. June 10, 2025) In this decision dealing...
8/11/2025 7:29:38 PM Chancery Holds Acquirer Cannot Offset Cost Savings from Failure to Enter Settlement Agreement Against Indemnification Damages By K. Tyler O'Connell Samuel Bashman ITG Brands, LLC v. Reynolds Am., Inc., C.A. No. 2017-0129-LWW (Del. Ch. Mar. 3, 2025) In this case, the Delaware Court of Chancery had...
8/6/2025 2:59:37 PM Chancery Holds Plaintiff Failed to Allege Stockholder Vote was not Fully Informed Notwithstanding Investigation and Resignation of a Director By K. Tyler O'Connell Samuel Bashman Campanella v. Rockwell, C.A. No. 2021-1013-LWW (Del. Ch. Feb. 18, 2025) Under the Corwin doctrine, the business judgment rule...
6/9/2025 7:12:42 PM Court of Chancery Holds that Stockholder is Not a Controller When Plaintiff Fails to Allege Specific Facts Regarding its Alleged Control By K. Tyler O'Connell Samuel Bashman Turnbull v. Klein, C.A. No. 2023-1125-BWD (Del. Ch. Jan. 31, 2025) One way a plaintiff can rebut the business judgment rule is by...