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Features

Delaware Corporate Law and Chancery Review Image

Delaware Corporate Law and Chancery Review

Francis G. X. Pileggi

<b><I>Key Decisions from DE's Supreme Court and Court of Chancery</I></b><p>A few recent decisions from the Delaware Court of Chancery provide practical guidance for corporate executives regarding the standard of review that the courts will apply to challenges to executive compensation decisions.

Features

Court of Chancery Dismisses Post-Closing Challenge to Merger Transaction Image

Court of Chancery Dismisses Post-Closing Challenge to Merger Transaction

Lewis H. Lazarus

Stockholders who believe that a board breached its fiduciary duties in connection with information provided to stockholders asked to vote for a merger transaction can either seek to enjoin the transaction or seek damages post-closing. In light of the Delaware courts' jurisprudence post-<i>Corwin</i>, such claims are unlikely to succeed

Features

General Personal Jurisdiction in Aviation Cases After <i>Daimler</i> Image

General Personal Jurisdiction in Aviation Cases After <i>Daimler</i>

Steven R. Pounian & Justin T. Green

<I>Daimler's</I> impact is seen in a growing number of decisions where courts have dismissed actions because they found that the corporate defendants' business connections to the jurisdictions were not sufficient to justify general jurisdiction.

Features

DE Chancery Court Strikes Down Fee-Shifting Bylaw Image

DE Chancery Court Strikes Down Fee-Shifting Bylaw

Gary W. Lipkin, Alexandra Rogin & Justin M. Forcier

In <i>Solak v. Sarowitz</i>, the Delaware Court of Chancery held that a corporate bylaw ran afoul of 8 Del. C. Section 109(b), as recently amended, where it purported to shift attorney fees and expenses to an unsuccessful stockholder that filed an internal corporate claim outside of the state of Delaware.

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