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Internal Affairs Doctrine Shareholders Corporate Governance

A&O Shearman

New York Court Of Appeals Clarifies Application Of Internal Affairs Doctrine But Reverses Dismissal Of Fiduciary Duty Breach...

A&O Shearman on

On May 23, 2024, the New York Court of Appeals reversed the dismissal of breach of fiduciary duty claims brought by former shareholders of a fantasy sports company (the “Company”) against its directors and other defendants...more

Allen Matkins

Professor Bainbridge Asks "Are shareholder inspection rights subject to the internal affairs doctrine?"

Allen Matkins on

In this recent post, UCLA Law School Professor Stephen Bainbridge discusses Vice Chancellor  J. Travis Laster's recent ruling that "stockholder inspection rights are a core matter of internal corporate affairs."  2020 Del....more

White and Williams LLP

Move Over California, Delaware Law Applies to Internal Corporate Affairs

White and Williams LLP on

The Delaware Court of Chancery recently made news when it ruled that Delaware law, not California law, applied to a minority shareholder’s request to inspect the books and records of a Delaware corporation with its principal...more

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