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Supreme Court Decides SEC-presented Delaware Bylaw Issue
CA, Inc. v. AFSCME Employees Pension Plan, (Del. Supr., July 17, 2008), read opinion here.(Revised opinion dated August 15, 2008, available here.) This Delaware Supreme Court decision has been...
View ArticleChancery Upholds Merger Netting Zero to Common Shareholders
Hokanson v. Petty, 2008 Del Ch. LEXIS 182 (Dec. 10, 2008). This Chancery Court decision could have dismissed claims on a statute of limitations basis alone, but also addressed the merits. One...
View ArticleDuties of Directors of Wholly-Owned, Financially Troubled Subsidiaries
Professor J. Haskell Murray of the Regent University School of Law, a former law clerk for the Delaware Court of Chancery, has published a paper on an issue about which the Delaware courts have not yet...
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