06 Sep, 2024 An Overview of the Delaware Limited Liability Company Act By Ross Antonacci Nicholas J. Caggiano Jr. Shannon S. Frazier Lewis C. Ledyard III Jonathan G. Strauss +2 more... Show less The DLLC Act Delaware’s reputation as the premier jurisdiction for corporate entities is well known. In recent years, however, Delaware...
05 Sep, 2024 Delaware Superior Court Holds That Attorney-Client Privilege Was Retained By Seller Post-Merger By Barnaby Grzaslewicz Aubrey Morin K. Tyler O'Connell Biomerieux, Inc. v. Rhodes, C.A. No. N23C-10-067 (Del. Super. May 9, 2024). The default rule in Delaware is that the attorney-client...
05 Sep, 2024 Chancery Holds Plaintiff Fails to Meet Rule 23.1 Pleading Standard, Dismisses Action Arising From T-Mobile Data Hack By K. Tyler O'Connell Samuel Bashman Harper v. Sievert, C.A. No. 2022-0819-SG (Del. Ch. May 31, 2024). A stockholder plaintiff brought derivative claims alleging that current...
05 Sep, 2024 Court of Chancery Denies Post-Trial Motions Seeking to Enjoin Tesla Defendants By K. Tyler O'Connell Samuel Bashman Tornetta v. Musk, C.A. No. 2018-0408-KSJM (Del. Ch. May 28, 2024) Following the Court of Chancery’s post-trial opinion concerning Elon...
05 Sep, 2024 Delaware Supreme Court Reverses MFW Dismissal Due to Inadequate Disclosures Regarding Special Committee’s Advisors’ Material Conflicts By Barnaby Grzaslewicz Aubrey Morin K. Tyler O'Connell City of Sarasota Firefighters’ Pension Fund v. Inovalon Holdings Inc., No. 305, 2023 (Del. May 1, 2024). The Delaware Supreme Court’s...