In Segway Inc. v. Hong Cai, 2023 Del. Ch. LEXIS 643 (Del. Ch. Dec. 14, 2023), the Delaware Court of Chancery (Will, V.C.) dismissed a claim for breach of fiduciary duty brought by Segway Inc. (the “Company”) against its...more
12/28/2023
/ Acquisitions ,
Board of Directors ,
Breach of Duty ,
Business Litigation ,
Caremark claim ,
Commercial Litigation ,
Corporate Counsel ,
Corporate Officers ,
Dispute Resolution ,
Fiduciary Duty ,
Mergers ,
Oversight Duties
In In re McDonald’s Corp. Stockholder Derivative Litigation, No. 2021-0324 (Del. Ch. Jan. 26, 2023), the Delaware Court of Chancery (Laster, V.C.) held that officers of a Delaware corporation are subject to a fiduciary duty...more