fiduciary duties

Delaware’s Corporate Law in the Culture War: What It Means for Startups and Founders

Controversial rulings—combined with high-profile criticism from high profile figures like Elon Musk—have sparked a broader debate about whether companies...

How Should Startups Handle Down-Round Financings During COVID-19?

COVID-19 has put pressure on small businesses that might not have the cash reserves to make it through...

Jul 20 · 3 min read >

Investors Exercising Blocking Rights May Be Sued for Breach of Fiduciary Duties

Recent decisions in the Delaware Court of Chancery confirm that investors exercising blocking rights may be held liable...

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 >