Posted on January 22, 2009 by Francis G.X. Pileggi

Chancery Court Awards Fees in Derivative Case Involving Closely Held Corporation

In Julian v. Eastern States Constr. Co., (Del. Ch., Jan. 14, 2009), read opinion here, the Chancery Court awarded fees to the victorious party in a derivative case involving a corporation that only had a few shareholders. The claims in this case challenged bonuses of the key executives . The... Continue Reading...
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Posted on August 11, 2008 by Francis G.X. Pileggi

Updates from the Annual ABA Meeting in New York City

I am at the Annual ABA Meeting in New York City today. I just attended a helpful presentation on the multi-faceted aspects of the attorney/client privilege in the context of shareholder derivative suits and special litigation committees of the board of directors. Wilmington lawyer Kurt Heyman moderated the panel that... Continue Reading...
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