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LexisNexis Corporate and Commercial Insights: Francis Pileggi Discusses Recent Decisions of Delaware Court of Chancery and Supreme Court

Francis G.X. Pileggi, Member-in-Charge of Eckert Seamans, discusses a recent Delaware Court of Chancery case outlining the factors involved in assessing whether an attorney could place a retaining lien on a file of a client who had not paid the attorney's fee and a Delaware Supreme Court holding...

Dismissal Denied for Disinterested Directors When Entire Fairness Applies to Transaction

In re Cornerstone Therapeutics Inc. Stockholders Litigation, Cons. C.A. No. 8922-VCG (Del. Ch. Sept. 10, 2014) [ an enhanced version of this opinion is available to lexis.com subscribers ]. This Chancery decision is noteworthy for its analysis of the applicable standard for a motion to dismiss members...