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

Gesetzentwurf zur Bekämpfung der Unternehmenskriminalität bringt neue Regeln für interne Untersuchungen – Datenschutz gewinnt große Bedeutung

Das Justizministerium arbeitet mit Hochdruck an einem Entwurf für ein Unternehmensstrafrecht. Der En...

Read More >

Quarterly Corporate / M&A Decisions Update Series

These updates are designed to highlight selected important M&A, corporate and commercial court decis...

Read More >

“To Keep OSHA Logs, Or Not To Keep OSHA Logs…That’s The Question”

The Occupational Safety and Health Act (“OSH Act”) requires covered employers to meet several repo...

Read More >

MSHA Announces Effective Date for Workplace Exam Rule Revisions

Due to a recent court decision, the Mine Safety and Health Administration (MSHA) has again revised i...

Read More >

Pensions: What's new this week - 30 September 2019

Welcome to your weekly update from the Allen & Overy Pensions team, bringing you up to speed on the ...

Read More >

(Almost) Tax-Free Retirement

The 2020-2021 Ohio Biennial Budget has passed, and one important aspect for businesses is the statut...

Read More >