Partial Grant of Motion for Reconsideration Due to Mootness.

Posted on August 5, 2006 by Francis Pileggi

In Schoon v. Troy Corp., a decision on Section 220 of the DGCL, previously summarized here,  the  Chancery Court granted in part a motion for reconsideration based on the settlement of the parties after trial but before the opinion was issued, thereby making the opinion moot and importantly, preventing the post-trial opinion from having res judicata  effect. Read letter decision on motion for reconsideration  here.

  • http://www.delawarelitigation.com/2008/02/articles/delaware-supreme-court-updates/directors-who-are-not-shareholders-cannot-sue-derivatively/index.html Delaware Corporate and Commercial Litigation Blog

    Directors Who Are Not Shareholders Cannot Sue Derivatively

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