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New Enterprise Associates: Stockholders' advance waiver of fiduciary duty claims is enforceable | Hogan Lovells - Vimarsana News

New Enterprise Associates: Stockholders' advance waiver of fiduciary duty claims is enforceable | Hogan Lovells

Published: October 25, 2023

In New Enterprise Associates 14. v. Rich, the court held that a covenant not to sue in a voting agreement executed by sophisticated stockholders was facially enforceable even though it...

Source: jdsupra.com
Related Topics:
United StatesJosh StellaDavid RutchikManti HoldingsEnterprise AssociatesFugue IncAuthentix Acquisition CoDelaware Supreme CourtNew Enterprise AssociatesDefendant George RichVoting AgreementInterested TransactionsDelaware General Corporate LawChancellor Laster
Delaware Court of Chancery Offers Guidance on Enforceability of Contractual Waivers Not to Sue for Breach of Fiduciary Duty | Dechert LLP - Vimarsana News

Delaware Court of Chancery Offers Guidance on Enforceability of Contractual Waivers Not to Sue for Breach of Fiduciary Duty | Dechert LLP

Published: May 19, 2023

Delaware Court of Chancery holds contractual waivers of fiduciary duties are facially valid when they are both narrowly tailored to authorize specific transactions and satisfy the...

Source: jdsupra.com
Related Topics:
United StatesDavid RutchikDelaware CourtDelaware Supreme CourtAuthentix Acquisition CoCourt DecisionFugue IncEnterprise AssociatesAltor Bioscience CorpSupreme CourtSale Of The CompanyManti HoldingsNew Enterprise AssociatesCore Capital PartnersGeorge RichLead InvestorsVoting AgreementElecting HoldersInterested TransactionsDrag Along SaleVice Chancellor Slights