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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