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Chancery Rejects Stockholder Demand to Hershey for Books and Records 27 Aug 2013 | 02:57 am
Louisiana Municipal Police Employees’ Retirement System v. Hershey Co., No. 7996, Master’s Report (Del. Ch. Aug. 16, 2013). This decision rejected a demand for books and records of the Hershey Compan...
Indemnification Claim Dismissed as Premature 13 Aug 2013 | 03:42 am
Huff v. Longview Energy Co., C.A. No. 8453-CS (Del. Ch. Aug. 12, 2013). This short letter ruling granted a motion to dismiss a claim for indemnification pursuant to DGCL section 145(c) based on the ...
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Delaware’s Demand Futility Test Used by High Court of Marshall Islands delawarelitigation.com 26 Jul 2013 | 07:58 pm
As we have noted from time to time, other jurisdictions are very interested in and follow Delaware corporate law in deciding cases. This post is a follow-up to a December 2011 post about a decision i...
Delaware Courts Allow Litigation to Move at the Speed of Business adakoo.biz 12 Jul 2012 | 04:50 am
Indian Corporate Law In a case that began in December of 2011, was argued before the Delaware Chancery Court in April of 2012, and argued on appeal to the Delaware Supreme Court on May 31, 2012, the ...
Historic Benefit Corp Legislation in Delaware Passes into Law sustainability.com 31 Jul 2013 | 01:01 pm
Today marks the first official day that businesses in Delaware – a state home to 50% of all publicly-traded companies and 64% of the Fortune 500 – will be able to form as public benefit corporations (...
