Posted on November 20, 2008 by Francis G.X. Pileggi

Chancery Court Vacates Prior Decision in Fiduciary Duty Case

In Stephenson v. Cooke, (Del. Ch., Oct. 29, 2008), the Delaware Chancery Court  vacated a 30-page decision summarized here, in an unusual ruling that apparently was based in part on a condition of a settlement between the parties involved. Read the Court's one-page letter decision here.

Tags: , ,
Trackbacks (2) Links to blogs that reference this article Trackback URL
http://www.delawarelitigation.com/admin/trackback/97060
Delaware Corporate and Commercial Litigation Blog - November 26, 2008 2:11 PM
Stephenson v. Cooke, Del. Ch., C.A. No. 3110-VCL (Sept. 24, 2008). In this 30-page Chancery Court decision, which is by necessity very factually intensive, the Chancery Court reasoned that a fiduciary relationship did not exist between two close friend...
Delaware Corporate and Commercial Litigation Blog - December 2, 2008 11:37 AM
In Crescent/Mach I Partners L.P. v. Dr. Pepper Bottling Co. of Texas, (Del. Supr., December 1, 2008), read opinion here, the Delaware Supreme Court (in a rare occurrence) reversed the Chancery Court on a procedurally unusual basis involving an appraisa...
Comments (0) Read through and enter the discussion with the form at the end
Post A Comment / Question Use this form to add a comment to this entry.







Remember personal info?
Send To A Friend Use this form to send this entry to a friend via email.