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The Delaware Court of Chancery recently held that Mikhail Kokorich (Kokorich), the co-founder and former CEO of space infrastructure...
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As summarized in an earlier post, a recent bench ruling from Vice Chancellor Laster (in the coordinated Fox & Snap actions) contained a...
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In a new (May 2, 2023) decision in New Enterprise Associates 14 LP v. Rich [Fugue], C.A. No. 2022-0406-JTL, the Delaware Court of...
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World Wrestling Entertainment (WWE) Chairman Vincent K. McMahon agreed to pay $1.6 million to class attorneys as a mootness fee for his...
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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...
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Common stockholders filed two class action lawsuits against AMC Entertainment Holdings, Inc. (AMC) and its board of directors (the...
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The Delaware Court of Chancery recently denied a motion to dismiss allowing what it described as a "novel theory" of disclosure...
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In Next Level Ventures, LLC v. AVID USA Technologies, LLC, C.A. 2022-0699-MTZ (Del. Ch. Mar. 16, 2023), Vice Chancellor Zurn found...
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On March 29, 2023, Vice Chancellor Laster issued a bench ruling holding that no class vote was required to approve charter amendments...
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There have been at least three recent opinions in the past months from the Delaware Court of Chancery which may be signaling that...
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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...
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Delaware law has long held that directors of Delaware corporations have a duty to be “reasonably informed concerning the corporation,”...
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Change of control situations such as a sale of a corporation give rise to Revlon duties, which require a corporation's board of directors...