Delaware Supreme Court Blasts Chancery Court's Controversial Refusal to Recognize California Court Judgment

One of the more vexing litigation problems to emerge recently has been the proliferation of multi-jurisdiction litigation, where corporate defendants are forced to litigate essentially the same claim in multiple courts at the same time. This problem is a particular issue in the context of M&A...

Supreme Court Reverses Chancery on Collateral Estoppel/Demand Futility and Section 220 Issues

Pyott v. Louisiana Municipal Police Employees' Retirement System, No. 380, 2012 (Del. Supr., April 4, 2013) [ an enhanced version of this opinion is available to lexis.com subscribers ] Issues Addressed : (1) Whether or not a prior ruling by a California court dismissing a derivative suit...