Francis G.X. Pileggi of Eckert Seamans Cherin
& Mellott, LLC, discusses Central Laborers Pension Fund v. News Corp .
No. 682, 2011 (Del. May 29, 2012). The issue on appeal to the Delaware
Supreme Court was whether one can satisfy the proper purpose requirement of Delaware
General Corporation Law...
Diamond Foods, Inc . Derivative Litigation , C.A. No. 7657-CS
(Del. Ch. Feb. 28, 2013) [ an enhanced version of this opinion is available to lexis.com subscribers ].
Issue Addressed : Whether
a derivative suit filed in Delaware should be dismissed in favor of a similar