Eugene Choi

Eugene Choi

Sheppard Mullin Richter & Hampton LLP

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Delaware Court of Chancery Clarifies Heightened Standard for Recovery of Attorneys’ Fees in Disclosure-Based Deal Litigation

In Anderson v. Magellan Health, Inc., No. 2021-0202, — A.3d —-, 2023 WL 4364524 (Del. Ch. July 6, 2023) (McCormick, C.), the Delaware Court of Chancery addressed the circumstances under which the Court will award a...more

7/18/2023  /  Acquisitions , Attorney's Fees , Board of Directors , Breach of Duty , Business Litigation , Corporate Governance , Delaware , Disclosure , Fiduciary Duty , Injunctive Relief , Mergers , Proxy Statements , Securities and Exchange Commission (SEC) , Securities Litigation , Shareholder Litigation , Shareholders

Delaware Court of Chancery Holds that Officers of a Delaware Corporation Are Subject to Fiduciary Duty of Oversight

In In re McDonald’s Corp. Stockholder Derivative Litigation, No. 2021-0324 (Del. Ch. Jan. 26, 2023), the Delaware Court of Chancery (Laster, V.C.) held that officers of a Delaware corporation are subject to a fiduciary duty...more

2/8/2023  /  Board of Directors , Breach of Duty , Corporate Culture , Corporate Officers , DE Supreme Court , Delaware , Duty of Care , Duty of Oversight , Fiduciary Duty , Shareholder Litigation
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