Author: Chancery Blog

The Delaware Supreme Court, in Alex Bäcker, et al. v. Palisades Growth Capital II, LP [QLess], No. 156, 2020, opinion (Del. Jan. 15, 2021), affirms invalidation of surprise resolutions by which defendant seized board control,...

The Delaware Court of Chancery, in Timothy Richardson v. J. Coley Clark, et al. and MoneyGram International, Inc., C.A. No. 2019-1015-SG, memo. op. (Del. Ch. Dec. 31, 2020), dismissed Caremark claims for failure to plead demand...

The Delaware Supreme Court, in AmerisourceBergen Corp. v. Lebanon County Employees’ Retirement Fund, et al., No. 60, 2020, opinion (Del. Dec. 10, 2020), affirmed the Court of Chancery’s interlocutory rulings...

The Delaware Court of Chancery, in John J. Mack v. Rev Worldwide, Inc., C.A. No. 2019-0123-MTZ, memo. op. (Del. Ch. Dec. 30, 2020), dismissed claims challenging an amended contract pursuant to a forum selection clause, finding...

The Delaware Court of Chancery, in Jeff Lipman, et al. v. GPB Capital Holdings, LLC, et al. and GPB Holdings II, LP, et al., C.A. No. 2020-0054-SG, memo. op. (Del. Ch. Nov. 18, 2020), in a derivative action brought by limited...