Takeaways -
The Delaware Supreme Court simplified the pleadings-stage test applied to derivative suits where no demand has first been made on the board.
Disputes about stockholder books-and-records requests focus...more
In Firefighters’ Pension System of the City of Kansas City, Missouri Trust v. Presidio, Inc., Vice Chancellor Laster of the Delaware Court of Chancery dismissed claims against directors of Presidio, Inc. (Presidio) and...more
Two decisions from the Court of Chancery — Dieckman v. Regency GP LP, C.A. No. 11130-CB (Del. Ch. Feb. 20, 2018) and Mesirov v. Enbridge Energy Co., C.A. No. 11314-VCS (Del. Ch. Aug. 29, 2018) — emphasize a significant...more
11/29/2018
/ Aiding and Abetting ,
Board of Directors ,
Breach of Contract ,
Contract Terms ,
Delaware General Corporation Law ,
Fiduciary Duty ,
Financial Adviser ,
General Partner ,
Joint Venture ,
Limited Partnership Agreements ,
Limited Partnerships ,
Mergers ,
Waiver of Liability