X
09Jul

Chancery Denies Corwin Defense Based on Proxy Omissions and Sustains Claims Against Financial Advisor

Chester Cty. Emps.’ Ret. Fund v. KCG Holdings, Inc., C.A. No. 2017-0421-KSJM (Del. Ch. June 21, 2019). Under Corwin v. KKR Financial Holdings LLC, 125 A.3d 304 (Del. 2015), Delaware courts generally will dismiss post-closing fiduciary duty claims...
By: Morris James LLP
Source Url: https://www.jdsupra.com/legalnews/chancery-denies-corwin-defense-based-on-35835/

Related

Key Tax Extensions for Real Estate Developers

The Department of Treasury and the Internal Revenue Service (the “IRS”) have issued IRS Notice 202...

Read More >

COVID-19: FTC’s Premerger Notification Office Adopts Emergency E-Filing Procedures for HSR Filings

Due to the developing COVID-19 coronavirus pandemic, beginning Tuesday, March 17, 2020, the Federal ...

Read More >

2020 Health and Fringe Benefit Plan Limits

Today, the IRS released the annual adjustments for health FSAs, transportation plans and employer ad...

Read More >

Employee Benefits Developments - November 2019

The Employee Benefits Practice is pleased to present the Employee Benefits Developments Newsletter f...

Read More >

Equal Pay and the Wage Gap: Where Are We Now?

The Equal Pay Act of 1963 (EPA) has recently been in the press due to a lawsuit filed by 28 players ...

Read More >

AB-25: The Temporary CCPA Fix for Employers

As initially drafted, the California Consumer Privacy Act, or CCPA, included broad privacy rights fo...

Read More >