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

Turning off auto-correct? Employers' ability to recover costs of correcting contractors' defects

In Thio Keng Thay v Sandy Island Pte Ltd [2019] SGHC 175 the High Court of Singapore confirmed that ...

Read More >

[Video] M&A Strategies for the Acquisition of Insolvent/Financially Distressed Targets

WLG's International Corporate Transactions and Restructuring & Insolvency Resolutions groups review ...

Read More >

Moral rights: why should developers care?

Question: What do the Oslo Picasso murals “The Seagull” and the “The Fishermen” and the Dutch De...

Read More >

Department Of Labor Announces Final Rule Increasing The Salary Thresholds For Overtime Exempt Status

On September 24, 2019, the U.S. Department of Labor (“DOL”) announced its final rule regarding cha...

Read More >

Thinking ahead: Distressed M&A in uncertain times

Almost a decade into the current bull market, many economic prognosticators are warning of a coming ...

Read More >

HIPAA Compliance for Self-Insured Health Plans

HIPAA compliance for self-insured plans is not black and white. The nature and extent of a self-insu...

Read More >