Apr 30 2020 |
Court of Chancery Applies Entire Fairness Standard to PennyMac’s Reorganization Transaction |
K&L Gates |
May 14 2020 |
Plaintiff Entitled to Inspect Additional Documents Where Proper Purpose Demonstrated as To Mismanagement and Wrongdoing |
K&L Gates |
Jun 19 2020 |
Delaware Court of Chancery Imposes Charging Order on Distributions Related to Defendant's LLC Membership Interest |
K&L Gates |
Jul 15 2020 |
Delaware Court of Chancery Hold That Directors on a Special Committee are Interested in a Going Private Merger When the Merger Effectively Extinguishes Their Personal Liability from Viable Derivative Litigation |
K&L Gates |
Aug 4 2020 |
Delaware Court of Chancery Rejects Business Judgement Rule Protection for Stockholder-Negotiated Redemption |
K&L Gates |
Aug 26 2020 |
Chancery Court Dismisses Plaintiff's Claims Against Three Former Members of the Board |
K&L Gates |
Dec 12 2016 |
Delaware Chancery Court Grants Fee and Expense Award in Dell Appraisal Case |
K&L Gates |
Feb 3 2017 |
Chancery Court Clarifies the Cleansing Power of an Uncoerced and Fully Informed Disinterested Majority Stockholder Vote |
K&L Gates |
Mar 14 2017 |
Delaware Vice Chancellor Holds Termination of Ownership Rights by Merger Extinguishes Stockholder Standing to Bring Section 220 Action |
K&L Gates |
Apr 19 2017 |
Delaware Chancery Court Enters Declaratory Judgments in Favor of Plaintiff, Finds Defendant's Actions Justify Sanctions |
K&L Gates |
Oct 2 2017 |
Chancery Court Dismisses Breach of Fiduciary Claims Following The Closing of A Merger Involving Insider Side Deals |
K&L Gates |
Nov 22 2017 |
Chancery Court Grants in Part and Denies in Part Motion to Dismiss Brought by Defendant FXCM, Inc. in Derivative Suit Alleging That FXCM Knowingly Violated Regulation 5.16 |
K&L Gates |
Sep 13 2018 |
Board's Lack of Independence from Interested Director Excuses Stockholder Demand as Futile |
K&L Gates |
Nov 29 2018 |
Back to Basics: Delaware Court of Chancery Uses Contract Principles To Determine Dispute Involving Several Provisions of a LLC Agreement |
K&L Gates |
Jun 19 2019 |
Chancery Court Applies and Affirms Delaware's Corporate Opportunity Doctrine |
K&L Gates |
Jul 25 2019 |
Managers Not Properly Removed From LLC Despite Sole Members' Intent |
K&L Gates |
Oct 18 2019 |
Waiver of Appraisal Rights in a Stockholder Agreement is Enforceable Under Delaware Law |
K&L Gates |
Nov 13 2019 |
Former Derivative Plaintiff Lacks Standing to Pursue Direct Claims Against General Partner |
K&L Gates |
Mar 9 2020 |
Directors Breach Fiduciary Duties In Coercive Self-Tender |
K&L Gates |
May 15 2020 |
Court Holds Trustee Did Not Abuse Discretion in Rejection Competing Acquisition Proposal for Liquidated Entity's Assets |
K&L Gates |
Jun 19 2020 |
Chancery Court Declines to Move Books and Records Dispute to New York Despite New York Venue Clause in LLC Agreement |
K&L Gates |
Aug 4 2020 |
Chancery Court Holds Late Breach of Fiduciary Duty Claim is Barred by Laches |
K&L Gates |
Oct 15 2020 |
Delaware Chancery Court Parses Valuation Methods in Battle of the Experts |
K&L Gates |
Nov 25 2020 |
Channeling Claims: the Importance of Considering (and Updating) Exclusive Forum Provisions Now |
K&L Gates |
Dec 28 2020 |
Chancery Court Dismisses Complaint, Holding That Directors Were Not Conflicted in Approving a Merger Simply Due to the Threat of a Looming Proxy Contest |
K&L Gates |
Mar 25 2021 |
Chancery Court Holds that Subsidiary must Advance Legal Fees to Parent Company to Cover Costs from Separate Suit by Subsidiary Against Parent Company |
K&L Gates |
May 27 2022 |
Delaware Jury Awards US$334 Million in DNA Sequencing Patent Trial |
K&L Gates |
Dec 20 2016 |
Delaware Chancery Court Refers Issues of Arbitrability to Arbitrator in Officer indemnification and Advancement Dispute |
K&L Gates |
Apr 19 2017 |
Delaware Chancery Court Holds Stockholder Vote on Merger Was Neither Fully-Informed Nor Uncoerced |
K&L Gates |
Jul 13 2017 |
Court of Chancery Holds That Structurally Coercive Stockholder Vote Does Not Ratify Fiduciary Actions Related To Shares Issuance and Proxy Grant To Stockholder |
K&L Gates |
Aug 15 2017 |
Choice Of Law Provision In Stockholder's Agreement Insufficient to Create Personal Jurisdiction Over Delaware Corporation's Former CEO |
K&L Gates |
Nov 22 2017 |
Class Action Dismissed as Demand was Not Excused as Futile; Plaintiff Failed to Allege Facts Sufficient to Establish that a Majority of the Board Faced Substantial Likelihood of Liability for Non-Exculpated Claims |
K&L Gates |
Jan 17 2018 |
Delaware Supreme Court Shines a (Blurry) Spotlight on Director Compensation Decisions: In re Investors Bancorp, Inc. Stockholder Litigation |
K&L Gates |
May 25 2018 |
Controlling Stockholder Cannot Advance its own Self-Interest at Expense of Minority Stockholders |
K&L Gates |
Aug 20 2018 |
Chancery Court Finds That Stockholders Have Standing For Direct Suit Relating To Unique Claims For Breach Of Fiduciary Duties |
K&L Gates |
Nov 30 2018 |
Ex-Board Member of Homeowner's Association Sues for Improper Removal; Awarded a Proper Removal |
K&L Gates |
Mar 21 2019 |
Chancery Court Grants Motion to Dismiss Section 220 Demand Made During a Pending Plenary Claim due to Lack of Special Circumstances |
K&L Gates |
Apr 22 2019 |
Delaware Court of Chancery Dismisses Derivative Suit in Limited Partnership Context for Failing to Make Demand or Show Demand Futility |
K&L Gates |
Jul 10 2019 |
Chancery Court Imposes Costs of Receivership on Stockholder |
K&L Gates |
Nov 13 2019 |
Delaware Court of Chancery Holds that Third-Party Stockholder has Standing to Enforce Anti-Takeover Protections |
K&L Gates |
Apr 9 2020 |
Delaware Court of Chancery Finds That “Blocking Rights” Exercised by Minority Investors May Amount to an “Actual Control” Position |
K&L Gates |
Apr 30 2020 |
Stockholder’s Breach Of Fiduciary Duty Claim Against Chairman Of Barnes & Noble Education, Inc. Dismissed By Delaware Court Of Chancery |
K&L Gates |
May 15 2020 |
Court of Chancery Analyzes LLC Valuation Reports in Connection with Breach of Fiduciary Duty |
K&L Gates |
Jul 17 2020 |
Delaware Committee AB Initio Will Cleanse a Conflicted Transaction in Contexts of Majority-Conflicted Board And Financial Advisors Disclosures |
K&L Gates |
Aug 5 2020 |
Court of Chancery Addresses Direct-Derivative Suit Distinction in The Context of A Merger Transaction |
K&L Gates |
Mar 27 2021 |
Interpretation fo an LLC Agreement with Respect to the Appointment and Removal of Board Members is Strictly Based on the Plain Language Contained in the Four Corners of the LLC Agreement |
K&L Gates |
Oct 20 2021 |
Chancery Court Dismisses Disclosure and Breach Claims in LLC Financing Litigation |
K&L Gates |
Feb 7 2017 |
Delaware Chancery Court Decision, Invalidating Supermajority Director Removal Bylaw, Has Broad Implications for Supermajority Bylaw Provisions |
K&L Gates |
Apr 21 2017 |
Delaware Chancery Court Holds That Stockholder Vote on Merger Was Neither Fully-Informed nor Uncoerced |
K&L Gates |
Jun 27 2017 |
Delaware Chancery Court Holds More than Red Flags Required to Allege Demand Futility in Derivative Suit |
K&L Gates |