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
In the world of M&A and private equity deals, buyer-side representation and warranties insurance (RW...
Read More >
The U.S. Department of Transportation Office of Drug and Alcohol Policy Compliance published a notic...
Read More >
No legal authority to issue its Enforcement Guidance! In February 2018, I wrote about a federal cou...
Read More >
The U.K. Competition & Markets Authority (CMA), which is on the cusp of becoming an independent merg...
Read More >
Just before the Labor Day holiday, the Mine Safety and Health Administration published a long-expect...
Read More >
An amendment to the Illinois Equal Pay Act expands the Act’s scope and prohibits employers in Illin...
Read More >