X
02Jul

Delaware Supreme Court Reverses Dismissal of Caremark Claim, Finding Lack of Board-Level Oversight and Director Independence

Dechert LLP | | Return|
In Marchand v. Barnhill et al. (“Blue Bell”),1 the Delaware Supreme Court on June 19 unanimously reversed the dismissal of a shareholder derivative lawsuit against the members of the board of directors and two officers of Blue Bell Creameries USA,...
By: Dechert LLP
Source Url: https://www.jdsupra.com/legalnews/delaware-supreme-court-reverses-17103/

Related

Time bar notices: specifying the contractual basis of claim

Can a valid claim notice issued, on time, referring to one contractual basis, be relied upon where a...

Read More >

NLRB: Proposed Micro-Unit of Boeing Mechanics Is Not Going to Fly

In a 3-1 representation case, the National Labor Relations Board recently continued its roll-back on...

Read More >

Voters Will Have Say Over California Misclassification Law Come November

Over a million Californians have said they want a chance to vote on the misclassification law that t...

Read More >

Delaware Supreme Court Affirms Dismissal Of Derivative Suit Alleging Board Approved Transaction Involving Unnecessary Litigation Exposure

On January 13, 2020, in an opinion authored by Chief Justice Collins J. Seitz, Jr., the Supreme Cour...

Read More >

A Deadline Is A Bright Line: How Fessenden Narrows “Substantial Compliance” In The Seventh Circuit

Last week the U.S. Court of Appeals for the Seventh Circuit ruled that the deadline imposed under ER...

Read More >

Benesch DSO Industry Report - Q1 2020

Emerging DSOs should consider tangible, intangible issues before growing too quickly: Expert - Chr...

Read More >