Corporate Governance

Delaware Court Cases Highlight the Importance of Directors’ Duty to Monitor

Recent cases in the Delaware Court of Chancery have permitted personal liability claims against directors who fail to...

Jul 6 · 1 min read >

Virtual Shareholder Meetings In Light Of Coronavirus

The SEC recently issued guidance for conducting shareholder meetings in light of Covid-19, while California and Delaware have...

Apr 12 · 1 min read >

Delaware Court Addresses ‘Murky’ Area Of Records Demands

The Delaware Chancery Court rebuffed a shareholder demand for records related to a $38 billion merger between two Texas...

Delaware Court Allows Stockholder To Inspect AI Company’s Books

The Delaware Chancery Court has allowed a stockholder to inspect an artificial intelligence company’s books and records, rejecting arguments...

Nov 15 · 1 min read >

Delaware Supreme Court Clarifies No Presumption Of Confidentiality In Records Request

The Delaware Supreme Court in a recent ruling clarified that there is no presumption of confidentiality for documents turned...

Delaware Supreme Court Revives Caremark Claim Over Blue Bell Listeria Outbreak

The Delaware Supreme Court has revived a stockholder lawsuit that seeks to hold members of Blue Bell Creameries personally...

Aug 20 · 2 min read >

SEC Provides Clarity For Digital Token Sales

The Securities and Exchange Commission earlier this month issued detailed guidance to companies that want to sell digital tokens,...

Founder’s Stock: Should You Subject It To Vesting Before A Venture Financing?

When the founders of a company invest in their business – either with money or their intellectual property –...

Delaware Supreme Court Upholds Dismissal Of Trade Secrets Case Against PE Fund

The Delaware Supreme Court has upheld a lower court’s decision to dismiss smart home company Alarm.com’s trade secrets case...