LexisNexis® Legal Newsroom
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...