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Chancery Dismisses Derivative Action Based on Plaintiff's Failure to Allege Particularized Facts Demonstrating Demand Futility | Morris James LLP

Chancery Dismisses Derivative Action Based on Plaintiff's Failure to Allege Particularized Facts Demonstrating Demand Futility | Morris James LLP
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Delaware Supreme Court Rejects "MFW Creep" Argument: All Controlling Stockholder Transactions Require Dual MFW Protections To Receive Deferential Business Judgment Review

April 11, 2024 - On April 4, 2024, the Delaware Supreme Court , in an opinion decided en banc and delivered by Chief Justice Seitz, held that where a controlling stockholder stood on both sides of a. ....

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Delaware Supreme Court Rejects

April 11, 2024 - On April 4, 2024, the Delaware Supreme Court (the "Court"), in an opinion decided en banc and delivered by Chief Justice Seitz. ....

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Delaware Supreme Court Holds MFW Doctrine Applies to Any Controlling Stockholder Transaction Resulting in Non-Ratable Benefit | Morgan Lewis

In a case with implications for companies with controlling stockholders, the Delaware Supreme Court held that the MWF Doctrine applies to any transaction involving a controlling. ....

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Delaware Courts Confirm High Standard for Breach of Oversight Duty Applies Equally to Officers and Directors | Bennett Jones LLP

Delaware Courts Confirm High Standard for Breach of Oversight Duty Applies Equally to Officers and Directors | Bennett Jones LLP
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