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
Referring to the disruptions brought on by the COVID-19 crisis as the “new normal” has quickly bec...
Read More >
As many of you know, an employer does not have to offer COBRA health insurance coverage to an employ...
Read More >
A triumvirate of agencies is bringing a fresh set of health reimbursement arrangements (HRAs) to the...
Read More >
The changed economic landscape caused by COVID-19, with a shortage of debt financing and volatility ...
Read More >
On June 20, 2019, Oregon governor Kate Brown signed House Bill (HB) 2016 into law. The legislation b...
Read More >
According to government statistics, more than 25 percent of all motor vehicle accidents involve rear...
Read More >