28 May, 2024 Chancery Allows Claims to Proceed Against Stockholder Subjecting It to Entire Fairness Review By P. Clarkson Collins Jr. Delaware Business Court Insider An “allegation that a transaction involves a controlling stockholder who stands on both sides is a...
21 Jul, 2021 The Court of Chancery Provides Guidance on Whether Deprivation of an LLC Member’s Contractual Right to Vote Provides a Direct or Derivative Claim By P. Clarkson Collins Jr. Delaware Business Court Insider The derivative suit concept so familiar in the corporate context has been grafted onto the limited...
12 Mar, 2021 Chancery Court Strikes Down Anti-Activist Poison Pill as Unreasonably Broad By P. Clarkson Collins Jr. Delaware Business Court Insider In a recent post-trial decision the Delaware Court of Chancery upheld a stockholder challenge to a...
10 Mar, 2021 Chancery Court Strikes Down Anti-Activist Poison Pill as Unreasonably Broad By P. Clarkson Collins Jr. Delaware Business Court Insider In a recent post-trial decision where the Delaware Court of Chancery upheld a stockholder challenge to a...
30 Dec, 2020 Chancery Dismisses Section 220 Complaint on Jurisdictional Grounds, Finding That Plaintiffs Filed Seven Hours Prematurely By P. Clarkson Collins Jr. Kirsten A. Zeberkiewicz K. Tyler O'Connell MaD Investors GRMD, LLC, et al. v. GR Cos., Inc., C.A. No. 2020-0589-MTZ (Del. Ch. Oct. 28, 2020) At 5:03 p.m., on the fifth day after...
16 Dec, 2020 Delaware Supreme Court Affirms CCLD Ruling Relying on Expert’s “Dual Hypothetical World” Damages Model for Measuring Business-Interruption Loss By P. Clarkson Collins Jr. Kirsten A. Zeberkiewicz K. Tyler O'Connell XL Ins. Am., Inc., et al. v. Noranda Aluminum Holding Corp., No. 444, 2019 (Del. Oct. 2, 2020)An aluminum manufacturer (the “Insured”)...
08 Sep, 2020 Chancery Denies Sellers’ Request for Dismissal, Finding That Fraud Claims Were Timely Filed and Properly Pled By P. Clarkson Collins Jr. Kirsten A. Zeberkiewicz K. Tyler O'Connell Agspring Holdco, LLC v. NGP X US Holdings, L.P., C.A. No. 2019-0567-AGB (Del. Ch. July 30, 2020) This opinion concerns a buyer’s attempt...
01 Sep, 2020 Chancery Addresses Burdens for Valuation-Related Books-and-Records Inspections By P. Clarkson Collins Jr. Kirsten A. Zeberkiewicz Albert J. Carroll Woods v. Sahara Enterprises, Inc., C.A. No. 2020-0153-JTL (Del. Ch. July 22, 2020) This decision concerning statutory inspection rights...