X
04Aug

Court of Chancery Dismisses Aiding and Abetting Claim Against NetSuite’s Fiduciaries for Role in Alleged Overpayment by Oracle

In re Oracle Corp. Derivative Litig, Consol. C.A. No. 2017-0337-SG (Del. Ch. June 22, 2020) - At the pleadings stage, a claim for aiding and abetting a breach of fiduciary duty requires that it is reasonably conceivable that the alleged aider and abettor knowingly provided substantial assistance in the breach of fiduciary duty....
By: Morris James LLP
Source Url: https://www.jdsupra.com/legalnews/court-of-chancery-dismisses-aiding-and-91121/

Related

Federal Government Advocates Industry-Friendly Position in ESOP Stock Drop Supreme Court Case

Recently, the U.S. Supreme Court granted a writ of certiorari to hear Retirement Plans Committee of ...

Read More >

Department of Justice, Federal Trade Commission Finalize New Vertical Merger Guidance

In a year of many firsts, the U.S. Department of Justice (DOJ) Antitrust Division and the Federal Tr...

Read More >

EEOC Sues Schuster for Sex Discrimination

Trucking Company Uses A Strength Test That Discriminates Against Women Truck Drivers, Federal Agency...

Read More >

Employers May Need to Provide Cost Data Under Proposed ACA Rules

Employer-sponsored health plans and health insurers may be required to post online - and to provide ...

Read More >

Weekly Update Newsletter - March 2020

CLIENT ALERT: FAR Council Changes Rules Regarding Small Business Rerepresentation / Recertification ...

Read More >

NLRB Delivers on its Promise to Relax Quickie Election Rules

On December 13, 2019 the National Labor Relations Board (the Board) announced a number of modificati...

Read More >