A recent Chancery decision rejected several defenses to advancement, including the commonly unsuccessful argument that the claims in the underlying case were not made against those seeking advancement in their capacity as former officers. In Esposito v. Drivers History Information Sales LLC, C.A. No. 2026-0579-DG, Order (Del. Ch. Oct. 2, 2026)(Gibbs, M.), the Court
Webinar on Delaware’s Status in Corporate Law World
A recent webinar presented by Lewis Brisbois’ Directors and Officers Litigation Practice Group, for CLE credit, discussed why recent developments do not suggest an imminent change in Delaware’s status in the corporate world. We provide statistics on the number of entities formed in Delaware being higher than ever for 2025, and we also address recent
Latest Corporate Litigation Podcast on Interpretation Principles for LLCs
Our latest Delaware Corporate Litigation Insights podcast discusses the recent Chancery decision highlighted on these pages in Hassanein v. NTO Fund I, LLC, that provides 21 reasons why an LLC is not simply a creature of contract. Delaware corporate litigator Kurt Heyman examines the implications of this decision with hosts Francis G.X. Pileggi and
Chancery Counts Later-Obtained Written Consents In Lieu of a Meeting in Section 225 Fight over Director Elections
This synopsis was prepared by Chauna Abner, a corporate and commercial litigation partner at Lewis Brisbois.
In Freiberg v. Xonar Technology Inc., C.A. No. 2026-0093-KSJM (Del. Ch. Sep. 15, 2026), Chancellor McCormick rejected a director’s Section 225 challenge to his removal based on written consents in lieu of a shareholder meeting after a paper trial.
Chancery Explains Award of Attorneys’ Fees
The Delaware Court of Chancery explained the reasoning for a specific award of attorneys’ fees based on a post-trial decision earlier this year, highlighted on these pages, that discussed the basis for awarding fees in a case involving breach of fiduciary duty, breach of a restrictive covenant, and related breaches. Arxada Holdings NA Inc. v.
Advancement Right Barred by Unclean Hands
Contract-based rights to advancement of an LLC’s general counsel, that would otherwise have been honored, were denied based on the equitable doctrine of unclean hands, in a recent Delaware Court of Chancery opinion styled In Re Care One LLC Advancement Litigation, C.A. Cons. No. 2025-1286-NAC (Del. Ch. Sept. 24, 2026).
Basic Factual Background
Although
The Weaponization of Legal Ethics Enforcement Agencies
For the last 30 years, I have been writing an ethics column for the national publication of The American Inns of Court called The Bencher. My latest column is about a recent lawsuit filed by the U.S. Department of Justice against the District of Columbia Office of Disciplinary Counsel for the weaponization of that office
Latest Delaware Corporate Litigation Podcast
The latest episode of the Delaware Corporate Litigation Insights Podcast features M&A deal lawyer Michael Platner, who discusses when deals go bad and the most common provisions of an agreement that are often litigated, such as: earnouts, indemnification, and allegations of misrepresentations. These cases are common fare in the Delaware Court of Chancery and
Corporate Law, Economics, and Theology
Few corporate law scholars have the familiarity with all three of the titular subjects to write about their intersection, and fewer still have written about the overlapping comparisons of all three. But the inestimable Professor Stephen Bainbridge, a favorite of this blog, has contributed to that scholarship in his prior publications. For those interested, we
41st Annual F.G. Pileggi Distinguished Lecture in Law
The Delaware Law School and the Delaware Journal of Corporate Law reprise the annual lecture on corporate law named after my father. Details follow.
The Delaware Law School is pleased to invite you to the 41st Annual Francis G. Pileggi Distinguished Lecture in Law, presented by the Delaware Journal of Corporate Law.