01Oct
Chancery Dismisses Claim for Breach of Fiduciary Duty Where Parties’ Commercial Relationship Was One of Ordinary Care
Nieves v. Insight Building Co., LLC, C.A. No. 2019-0464-SG (Del. Ch. Aug. 4, 2020) - The Court of Chancery used an unlikely vehicle — a dispute over stormwater drainage — to further explain the limits of common law fiduciary duties. Plaintiffs/Homeowners experienced drainage issues and brought several claims against their builder, as well as the developer (“Developer”) from which the builder had purchased lots....
By:
Morris James LLP
Source Url: https://www.jdsupra.com/legalnews/chancery-dismisses-claim-for-breach-of-49681/
Related
Pillsbury secured an important victory for its client, Solera Holdings Inc., when Delaware Superior ...
Read More >
Federal labor agencies have kicked their rulemaking efforts into high gear. One month after the U.S....
Read More >
On September 18, 2019, California Governor Gavin Newsom signed into law AB5, codifying the ABC test ...
Read More >
Discover the factors that drove healthcare M&A activity in 2019. Innovation, expansion and continue...
Read More >
On July 26, 2019, the National Mediation Board (NMB) announced that it is amending its regulations ...
Read More >
In a recent article published in The New York Times, Jason Dana, a professor at the Yale School of M...
Read More >