Tag Archives: safe harbor

Recent Decision Clarifies Safe Harbors in DGCL § 144 for Board Action

The following article appeared in the current issue of the Delaware Business Court Insider: Recent Decision Clarifies Safe Harbors in DGCL § 144 for Board Action By: Francis G.X. Pileggi* and Chauna A. Abner** The recent Superior Court decision in Toedtman v. Turnpoint Medical Devices, Inc., C.A. No. N17C-08-210 RRC (Del. Super. Ct., Jan 23, … Continue Reading

Supreme Court Upholds Waiver of Claims in LP Agreement Based on Presumption of Good Faith

Norton v. K-Sea Transportation Partners, L.P., Del. Supr., No. 238, 2012 (May 28, 2013). This Delaware Supreme Court decision is the second in consecutive business days that addresses the concept of good faith in the contractual context. See SIGA Technologies, Inc. v. PharmAthene, Inc., highlighted on these pages. (Photo: Supreme Court Building in Dover.) Issue … Continue Reading
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