The Court of Chancery recently dismissed claims for breach of fiduciary duty, breach of the duty of oversight, and waste against the board of directors of McDonald’s Corporation. In In re McDonald’s Corp. Stockholder...more
The Court of Chancery recently stated the appropriate test for a permanent injunction. In In re Covid-Related Restrictions on Religious Services, C.A. No. 2021-1036-JTL (Del. Ch. Nov. 22, 2022), religious leaders claimed...more
A recent Court of Chancery case discusses the difference between pleading the knowledge element in complaints asserting claims for tortious interference with contract and aiding and abetting breach of fiduciary duty....more
All Delaware state courthouses and their administrative offices will remain closed to the public through June 13, 2020 under an order issued May 14 by Delaware Chief Justice Collins J. Seitz Jr...more
The COVID-19 pandemic has shaken M&A transactions. Companies that entered into deal negotiations many months ago could never have anticipated that COVID-19 would impact the global economy in profound ways. In light of the...more
On April 14, 2020, Delaware Chief Justice Seitz entered an order extending the public closure of all Delaware state courthouses and their administrative offices through May 14, 2020 (a copy of the Extension of Judicial...more
In an effort to further combat the spread of COVID-19 within the state of Delaware, Gov. John Carney has issued guidance for public corporations with upcoming stockholder meetings impacted by the COVID-19 pandemic. The...more
In an effort to fight the spread of COVID-19, Delaware Gov. John Carney modified his State Of Emergency declaration to require travelers entering the state to self-quarantine for 14 days or the duration of their time in...more