This browser is not actively supported anymore. For the best passle experience, we strongly recommend you upgrade your browser.

| less than a minute read

Court Of Chancery Explains Bad Faith Claim

In Re Novell Shareholders Litigation, C.A. 6032-VCN (November 25, 2014) 

When does a board act in bad faith so as to not be entitled to exculpation under a corporate charter? As this decision explains, mere mistakes in complicated negotiations do not come close to supporting a bad faith claim.

Tags

blog, complex commercial litigation, corporate counseling & litigation