The Delaware Court of Chancery dismissed three claims in Ritchie v. Baker (6/25). Broadly speaking, the plaintiff failed to adequately plead demand futility under Court of Chancery Rule 23.1 because the complaint did not...more
In Marchand v. Barnhill et al the Delaware Supreme Court overturned the Court of Chancery’s decision to dismiss a complaint asserting a Caremark cause of action for failure to state a claim. The case involved Blue Bell...more
6/19/2019
/ Bad Faith ,
Blue Bell Creameries ,
Board of Directors ,
Caremark claim ,
Cause of Action Accrual ,
Compliance Management Systems ,
DE Supreme Court ,
Dismissals ,
Failure To State A Claim ,
Food Recalls ,
Food Safety ,
Listeria ,
Public Health ,
Publicly-Traded Companies