The Delaware Court of Chancery, in Palkon v. Maffei, et al., C.A. No. 2023-0449-JTL (Del. Ch. Feb. 20, 2024), determined that a reduction in the liability exposure of a fiduciary due to the conversion ...

For a stockholder to gain standing to prosecute entire fairness challenges derivatively, the stockholder generally must establish demand futility by alleging particularized facts raising a reasonable ...

The proposition that large numbers of corporations are forsaking Delaware to move to Nevada and Texas has been shown to be ...

Increasingly, corporations and fiduciaries have faced enhanced litigation risk arising from entire fairness claims challenging related-party transactions and other transactions implicating unique ...