Where a defendant corporation has asserted a counterclaim against two plaintiff minority shareholders, the counterclaim must be dismissed because the facts alleged do not plausibly suggest that the plaintiffs owed the corporation any fiduciary duty. “Vijay and Jayapal Basani founded Cygilant, Inc. They owned a controlling interest in and helped run the company until 2019,
Delaware coporate law overview, incl stockholder franchise and takeover activities, contractual provisions in Mergers Acquisitions documents, Delaware Court of Chancery litigation, DE executive compensation, insurance litigation in Delaware, DE corporate records
A battle between cybersecurity firm Cygilant Inc. and its founders over post-merger stock appraisal rights and information disclosure failures survived dismissal motions in Delaware's Court of Chancery on Tuesday during arguments that also saw a partial attorney fee shift to Cygilant's counsel for neglecting warnings about using an outdated precedent.
BANGALORE, India, July 7, 2022 /PRNewswire/ SOC as a Service market is segmented by Type (Prevention, Detection, Incident Response), By Application (BFSI, Healthcare, Education, Retail, IT