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Fiduciary Duty › Corporate Entities

Morris James LLP

Delaware Court of Chancery Refuses After Trial to Impose Liability on Parent of Wholly Owned Subsidiary

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NuVasive, Inc. v. Miles, C.A. No. 2017-0720-SG (Del. Ch. Jan. 31, 2025) - In an earlier decision, the Court denied defendant Alphatec Holdings, Inc.’s (“Holdings”) motion to dismiss, finding that issues of fact remained...more

Dinsmore & Shohl LLP

[Webinar] AI's Goldilocks Problem for Officers and Directors: Getting Risk Management "Just Right" - June 13th, 12:00 pm - 1:00 pm...

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The transformative power of Artificial Intelligence (AI) presents unprecedented opportunities and challenges for businesses across various sectors. Corporate entities and their fiduciaries are navigating a complex landscape...more

Jenner & Block

Delaware’s 102(b)(7) Exculpation of Senior Officers - One Year Later

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For more than thirty-five years, Delaware law, pursuant to Section 102(b)(7) of the Delaware General Corporation Act (DGCL), has allowed Delaware corporations to exculpate their directors from personal liability for damages...more

Bradley Arant Boult Cummings LLP

Converting a Corporation into an LLC Can Lead to Unintended Consequences: Don’t Convert to an LLC Without Careful Advance Planning

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Corporations and LLCs both provide their shareholders and members with limited liability to operate a for-profit business, and while these two forms of business entities are similar in many ways, they also have some important...more

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