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The Corporate CounselorCorporate GovernanceFeaturesLitigationLJN Newsletters

DE Corporate Law and Chancery Review

By Francis G.X. Pileggi
June 02, 2017

Three recent decisions from the Delaware Court of Chancery provide useful legal insights for corporate executives and those who counsel them. The first case deals with the requirements that must be satisfied before a stockholder or part owner of a company is able to sue based on a claim of excessive compensation. The second case describes the requirements that need to be satisfied if a stockholder seeks records of the company. The last case addresses the attempt of a creditor to pursue a claim for breach of fiduciary duty.

Chancery Rejects Derivative Claim Against LLC

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