30 Apr, 2009 Court of Chancery Limits Turning Contracts Into Fiduciary Duties By Morris James LLP Nemec v. Shrader, C.A. 3878-CC (April 30, 2009) A contract right does not create a fiduciary duty. Here the plaintiffs had a contract...
29 Apr, 2009 Chancellor Warns of the Perils of Inaction By Morris James LLP Tooley v. AKA Financial Inc., C.A. 18414-CC (April 29, 2009) While it is well known that the failure to prosecute a class action may lead...
28 Apr, 2009 Corporation's Ability to Take Advantage of Corporate Opportunity an Issue of Material Fact By Morris James LLP Posted In Fiduciary Duty Norman v. Elkin, C.A. No. 06-005-JJF (D. Del. Apr. 28, 2009)The district court denied motions for summary...
27 Apr, 2009 Spear Complaint Not Fatally Speculative By Morris James LLP Spear Pharm. Inc. v. William Blair & Co. LLC, C.A No. 07-821-JJF (D. Del. Apr. 27 2009) The district court denied motions to dismiss the...
27 Apr, 2009 Court of Chancery Explains Scope of Representation Clauses By Morris James LLP Ivize of Milwaukee, LLC v. Compex Litigation Support LLC, C.A. 3158-VCL (April 22, 2009) While a statement may not be a lie unless the...
04 Apr, 2009 District Court Denies Motion for Summary Judgment Based on Void Ab Initio Defense By Morris James LLP Lynch v. Coinmaster USA, Inc., C.A. No. 06-365-JJF (D. Del. Mar. 30, 2009) In this opinion, the court denied a broad application of the...
02 Apr, 2009 Court of Chancery Holds When There Is No Contribution There Is No Fee By Morris James LLP In re William Lyon Homes Shareholders Litigation, C.A. No. 2015-VCN (Del Ch. April 4, 2009) This decision deals with when a plaintiff may...
01 Apr, 2009 Court of Chancery Upholds Right of "Beneficial" Member to Sue in LLC Case By Morris James LLP Mickman v. American International Processing LLC, C.A. No. 3869-VCP (Del. Ch. April 1, 2009) In the case of an LLC, unlike with a...