Page 45 - Warner Communications News Today : Breaking News, Live Updates & Top Stories | Vimarsana

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In acquiring WarnerMedia, it believed pairing distribution with content was the key to the future. Apparently not.

In Orzeck v. Englehart, the Delaware Supreme Court adopted a bedrock doctrine - the Doctrine of Independent Legal Significance. Despite the doctrine's bedrock status in Delaware, I have been unable to find a single opinion of a California court that adopts this doctrine.

In Orzeck v. Englehart, 195 A.2d  375 (Del. 1963), the Delaware Supreme Court adopted what the Court of Chancery subsequently described as a "bedrock" doctrine of Delaware corporate law - the "Doctrine of Independent Legal Significance".    Warner Communications Inc. v. Chris-Craft Indus., Inc., 583 A.2d 962, 970 (Del. Ch.), aff’d, 567 A.2d 419 (Del. 1989).   The Delaware high court defined the doctrine as being applied as follows: action taken under one section of that law is legally independent, and its validity is not dependent upon, nor to be tested by the requirements of other u...