usurpation of corporate opportunity

The following synopsis was prepared by Chauna Abner, an attorney in the Delaware office of Eckert Seamans.

In Leased Access Preservation Association v. Ivan Thomas, et al., C.A. No. 2019-0310-KSJM, Order (Del. Ch. Jan. 8, 2020), a non-profit, non-stock corporation filed suit against Ivan Thomas, a former board member of the plaintiff, alleging, in

In Re: Mobilactive Media, LLC, Consol. C.A. No. 5725-VCP (Del. Ch., Jan. 25, 2013).  What this Case is About:  This decision addresses claims between two members of a joint venture based on both breach of contract and breach of fiduciary duty.  Both claims were allowed to proceed and both claims prevailed as non-duplicative.