Request for Books Denied per DGCL Section 220

I summarized several recent Chancery Court cases that denied requests for books and records pursuant to DGCL Section 220 in an article for Delaware Law Weekly in their Dec. 13, 2006 issue. Here is a link to the article.

Chancery Court’s New Caremark Decision

In Louisiana Municipal Police Employee Retirement System v. Crawford, (Del. Ch., Feb. 23, 2007),  2007 WL 582510, read opinion here, the Chancery Court issued a 41-page opinion that will generate many pages of commentary regarding the core issues of Delaware … Continue reading

Shareholder Activism and Executive Compensation

Professor Bainbridge collects commentary of others as well as his own scholarly insights regarding shareholder activism as it relates to executive compensation and similar issues. Here is the link. The good professor is largely skeptical of the motives of some … Continue reading

Disinherited Son Loses Statutory Construction Claim

Weiss v. Weiss, (Del. Ch., Feb. 15, 2007), 2007 WL 522290, read opinion here, is a Chancery Court decision that I post on this blog for its useful insights into, and pronouncements about, statutory construction principles in general. Although it deals with … Continue reading

Unsolicited E-Mails Not Confidential.

For my regular ethics column in the Jan/Feb 2007 issue of The Bencher, I summarized an opinion of the San Diego County Bar Association that determined that an unsolicited email should not be given the same confidentiality of an email … Continue reading

Board Members and Duty of Care: How Many Hours Should a Board Member Spend Preparing for Meetings?

Broc Romanek on the Harvard Corporate Governance Blog analyzes the number of hours, on average, that a board member should typically spend preparing for board meetings. He contends that about one hour of board-related reading should be done beforehand for … Continue reading

Cancellation of Special Stockholders’ Meeting Improper

In Perlegos v. Atmel Corporation, (Del. Ch., Feb. 8, 2007), 2007 WL 475453,  read opinion here, the Chancery Court addressed issues under DGCL  Section 211 regarding the calling, and cancellation of,  a special meeting of stockholders as well as a … Continue reading

E-Discovery Guide for Judges

Courtesy of a link on the blog of Gregory P. Joseph, is a guide for judges prepared by the Federal Judicial Center on the topic of electronic discovery. Here is the 33 page document. It provides an overview of the … Continue reading

Two Year Anniversary

On this (approximately) Second Anniversary of my creation of this blog, I want to thank Kevin O’Keefe of LexBlog , and his crew, for their  technical and related support that makes this blog possible. Any lawyer intererested in blogging should consider contacting Kevin … Continue reading

Liability Imposed on Insurance Broker for Failing to Communicate Limitations on Policy

In Those Certain Underwriters at Lloyd’s, et al. v. National Installment Insurance Services, Inc., et al., (Del. Ch. Feb. 8, 2007), 2007 WL 458534, read opinion here, the  Chancery Court granted in part a motion for partial summary judgement regarding … Continue reading