Corporate

Recent Posts

Delaware Court of Chancery Awards Fees for Unfair Process Despite Finding of Fair Price
Posted on 14 May 2015 by Francis G.X. Pileggi

In Re Nine Systems Corporation Shareholders Litigation, Cons. C.A. No. 3940-VCN (Del. Ch. May 7, 2015) [ an enhanced version of this opinion is available to lexis.com subscribers ]. This Delaware Court of Chancery decision on the award of attorneys’... Read More

Delaware Court of Chancery Dismisses Breach of Fiduciary Duty Claims Related to Sale of Company
Posted on 10 Feb 2014 by Francis G.X. Pileggi

In Re Answers Corporation Shareholders Litigation , Cons. C.A. No. 6170-VCN (Del. Ch. Feb. 3, 2014) [ an enhanced version of this opinion is available to lexis.com subscribers ]. One takeaway from this decision granting a motion for summary judgment... Read More

Delaware Court of Chancery Dismisses Challenge to Board Decision to Settle Claims
Posted on 21 Oct 2015 by Francis G.X. Pileggi

In Shaev v. Adkerson , C.A. No. 10436-VCN (Del. Ch. Oct. 5, 2015), the Delaware Court of Chancery dismissed claims for breach of fiduciary duty including the disclosure obligations of the board which granted stock units valued at approximately $35 million... Read More

Chancery Denies Motion to Dismiss Claims for Breach of Fiduciary Duty in Connection with Merger
Posted on 4 Apr 2012 by Francis G.X. Pileggi

Frank v. Elgamal , C.A. No. 6120-VCN (Del. Ch. March 30, 2012). See summary of prior Chancery decision in this matter highlighted on these pages . Issue Addressed Whether it was premature to rule on a fiduciary duty claim based on the entire... Read More