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Apr 17, 2023 Books and records actions are being assigned to Masters in Chancery: Here's the Chancellor's guidance By Brian Rostocki Benjamin Chapple John Miraglia In light of its status as a court of equity, the Delaware Court of Chancery sometimes needs to move fast—very fast. And a crowded docket...
Mar 17, 2023 Inside the circle of confidentiality: The Court of Chancery reaffirms the status of board designees as joint clients By Brian Rostocki Benjamin Chapple John Miraglia In Hyde Park Venture Partners Fund III, L.P. v. FairXchange, LLC, C.A. No. 2022-0344-JTL (Del. Ch. Mar. 9, 2023), the Court of Chancery...
Mar 16, 2023 The duty of oversight for officers and directors of Delaware Corporations By Brian Rostocki Benjamin Chapple Justin Forcier Delaware law has long held that directors of Delaware corporations have a duty to be “reasonably informed concerning the corporation,”...
Mar 16, 2023 Court of Chancery finds Revlon liability By Brian Rostocki Change of control situations such as a sale of a corporation give rise to Revlon duties, which require a corporation's board of directors...