X
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

Introduction to the FIDIC Suite of Contracts (Updated)

The origins of the FIDIC suite - The Fédération Internationale Des Ingénieurs-Conseils (FIDIC) was ...

Read More >

The Numbers Are In: The Recently Released Hart-Scott-Rodino Annual Report for Fiscal Year 2018 Provides an Overview of Antitrust Merger Enforcement

On September 16, 2019, the Federal Trade Commission (“FTC”) and the Antitrust Division of the Depa...

Read More >

Philadelphia Fair Workweek Law Delayed and Regulations Forthcoming

Seyfarth Synopsis: Weeks before the Fair Workweek Law was set to become effective, the Philadelphia ...

Read More >

EU M&A Regulation is getting tougher – what you need to know in 2020 and beyond

The COVID-19 pandemic has made 2020 a difficult year for many companies looking to do deals. Competi...

Read More >

USCIS Provides Additional Guidance for H-1B Electronic Registration Process for FY 2021 H-1B Cap

U.S. Citizenship and Immigration Services (USCIS) recently provided additional guidance for the H-1B...

Read More >

Illinois Hops on the Equal Pay Bandwagon: Amends Equal Pay Law, Enacts Salary History Ban

On July 31, 2019, Illinois Governor J.B. Pritzker signed House Bill 834 into law, strengthening and ...

Read More >