This week, Volume 2, Edition 1 of the National Law Review‘s Delaware Corporate and Commercial Law Monitor was published, beginning its second year. I’m the Editor-in-Chief. It is published monthly and emailed to a select few from the mailing lists the NLR has for their 25 other newsletters, as well as the existing subscribers
Delaware business litigation
21st Annual Review of Key Delaware Corporate and Commercial Decisions
By Francis Pileggi on
Posted in Annual Review of Key Delaware Cases
The 21st edition of Francis Pileggi’s annual list of key corporate and commercial decisions of the Delaware Supreme Court and the Delaware Court of Chancery has been published by The National Law Review. This year’s list does not attempt to include all important decisions of those courts that were rendered in 2025, and eschews…
Chancery Strikes Affirmative Defense of Fraudulent Inducement
By Francis Pileggi on
Posted in Court of Chancery Updates
A recent decision from the Delaware Court of Chancery is a gem of a pithy ruling that is chock-full of practical principles. The elements of a claim for fraud, which is the same in Delaware as fraudulent inducement, may be basic, but this letter ruling provides a useful restatement of the law.
In iSense, LLC …
District of Delaware Addresses Statute that Allows U.S. Courts to Order Discovery in Aid of Foreign Litigation
By Francis Pileggi on
Posted in Other Court Decisions
A recent decision of the U.S. District Court for the District of Delaware addressed a federal statute that allows, under certain circumstances, discovery in a U.S. federal court to aid a lawsuit pending in another country, in the matter styled: In re Application of Vestolit GmbH and Celanese Europe B.V., Misc. No. 24-cv-1401-CFC…
Supreme Court Addresses Possible Excuse for Non-Compliance of Notice Provision Causing a Forfeiture
By Francis Pileggi on
Posted in Delaware Supreme Court Updates
The Delaware Supreme Court’s decision in Thompson Street Capital Partners, IV, LLP v. Sonova United States Hearing Instruments, LLC, No. 168, 224 (Del. April 28, 2025), reversed the dismissal of the claim of a seller challenging the compliance by a buyer with a contractual notice provision.
The high court found that the trial court…
Chancery Finds Waiver of Privilege Despite Inadvertent Disclosure
By Francis Pileggi on
Posted in Court of Chancery Updates
In a recent letter ruling in an LLC books and records action, the Court of Chancery, in a Magistrate’s letter ruling, found that privilege was waived despite the inadvertent disclosure of those privileged communications. Straub v. Persolve, LLC, C.A. No. 2025-0636-DH (Del. Ch. Oct. 8, 2025).
The reasoning for the result was intertwined with…
Chancery Imposes Fees for Lack of Candor Causing Discovery Abuses—A Cautionary Tale
By Francis Pileggi on
Posted in Court of Chancery Updates
A recent Delaware Court of Chancery decision explained why a lack of candor resulted in discovery abuses that justified fee-shifting. In Legent Group, LLC v. Axos Financial, Inc., C.A. No. 2020-0405-KSJM (Del. Ch. Nov. 7, 2025), the court explained the factual basis for its findings that the lack of candor created unnecessary expenses, requiring…
National Law Review’s Delaware Corporate and Commercial Law Monitor, 9th Edition
By Francis Pileggi on
Posted in Commentary, Delaware Supreme Court Updates
My 9th Edition as Editor-in-Chief of the Delaware Corporate and Commercial Law Monitor published by The National Review is now available.
We collect articles from around the country, by practitioners and academics, about the latest developments on the titular topic.
Chancery Explains Required Notice in Summary Proceeding to Determine LLC Managers
By Francis Pileggi on
Posted in Court of Chancery Updates
The Court of Chancery recently explained who must receive notice in order to satisfy the requirements of 6 Del. C. § 18-110, which provides a summary procedure for LLCs, similar to § 225 for corporations, to determine the proper manager of an LLC. In HREF Senior Worthington LLC v. Conroe WN LLC, C.A.
Chancery Interprets Delaware Rapid Arbitration Act
By Francis Pileggi on
Posted in Court of Chancery Updates
A recent Delaware Court of Chancery decision interpreted the Delaware Rapid Arbitration Act (“DRAA”), about which there is a relative paucity of published opinions. See OBI Pharma, Inc. v. Biosion, Inc., C.A. No. 2025-0965-KSJM (Del. Ch. Sept. 26, 2025).
This short letter ruling addressed an issue regarding the appointment of a panel of…