Chancery Court Dismisses Case Due to Misrepresentations to Court; Finds Derivative Plaintiff Unqualified, and Awards Fees

In PARFI HOLDING AB v. MIRROR IMAGE INTERNET, INC., 2008 WL 4110698 (Del. Ch., Sept. 4, 2008), the Delaware Chancery Court provides a magnum opus on the "importance of being earnest". Many wags might suggest that such truisms need not be explained in an opinion, but we all know of... Continue Reading...