Director and Officer Liability
I realize that readers do not come to this blog looking for humor, but courtesy of Charles Fincher at www.LawComix.com, I am providing one of his humorous cartoons that might speak more eloquently to business litigation matters that appear on … Continue reading
Foundations of Delaware Corporate Law
Prof. Larry Hamermesh’s article, The Policy Foundations of Delaware Corporate Law, for the current issue of the Columbia Law Review, is available on SSRN here. The suggested citation according to the SSRN site is as follows: Hamermesh, Lawrence A., "The Policy Foundations … Continue reading
Business Litigation and the Supreme Court
Courtesy of The Wall Street Journal’s Law Blog is a list of the business law cases now pending before the U.S. Supreme Court. Here is the link.
E-Discovery and Databases
In Johnson v. Kraft Foods, the U.S. District Court for the District of Kansas recently determined that a request for production of "electronic databases" was not too vague. Courtesy of the Electronic Discovery Law Blog, which also has a link to … Continue reading
Prof. Bainbridge and Delaware Law
Prof. Bainbridge comments in a recent post describing the new format of his blog, that at least some members of the Delaware Chancery Court and Delaware Supreme Court are readers of his blog, and we know that his blog comments … Continue reading
Controlling Shareholder Must Prove Entire Fairness of Interested Transaction
In the case of In Re Primedia, Inc. Derivative Litigation, 2006 WL 3365544 (Del. Ch. Nov. 15, 2006), read opinion here, the Chancery Court presents a "guidebook", based on settled bedrock principles of Delaware law, for the duties of controlling … Continue reading
Books and Records Demand Under Section 220 Denied
In West Coast Management & Capital, LLC v. Carrier Access Corp., 2006 WL 3337161 (Del. Ch. Nov. 14, 2006), read opinion here, the Chancery Court added to the growing body of cases in which a request for books and records under 8 Del. … Continue reading
Validity of Written Consent of Minor in Lieu of Shareholder Meeting
B. F. Rich Co., Inc. v. Gray, et al., 2006 WL 33376163(Del. Ch. Nov. 9, 2006), read opinion here. The Chancery Court here addressed a claim brought under DGCL Section 225, regarding a determination of the proper directors and officers of the nominal … Continue reading
Bainbridge is Back
Prof. Stephen Bainbridge is a corporate law professor who for some time has had a popular blog available at ProfessorBainbridge.com, but he had taken a self-imposed hiatus for a while during which he redesigned his blog. Now, he is back and … Continue reading
Delaware’s Dominance in Corporate Law
Prof. Bainbridge has a post here that discusses why Delaware predominates in corporate law and why most major public companies are incorporated in Delaware. Among many reasons referred to in his post on the topic, is the internal affairs doctrine, and I … Continue reading
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