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Tornetta v. Musk, et al., C.A. 2018-0408-KSJM (Del. Ch. Jan. 30, 2024) Stockholders of Tesla, Inc. brought a derivative action against Elon Musk and six individual Tesla directors.

Recently, Governor Jack Markell nominated former Superior Court Judge Joseph R. Slights, III to succeed the Honorable John W. Noble, who will be retiring at the end of this month as Vice Chancellor of the Delaware Court of Chancery.

The Caremark doctrine recognizes the duty of oversight for directors of Delaware corporations.

Although the Court of Chancery frequently resolves contractual disputes, it grants contractual reformation only when "intervention [is necessary] to ensure the deal is what the parties agreed upon."

Claims against corporate fiduciaries for breaches of the duty of oversight are colloquially referred to as "Caremark" claims.

Plaintiffs brought claims alleging improper dilution of their equity interests when transferring their holdings in an Australian rare-earth mining company to a Delaware limited liability company.

The company has no funded debt and intends to self-fund the case while pursuing an appeal challenging the SEC's regulatory authority.

FiberCel is a fiber-based bone repair product manufactured by Aziyo and distributed in the U.S. by Medtronic.

This rule effectively allows parties to an LLC agreement to contract out of equity by describing an act as "void" in their agreement.

When a controlling stockholder is on both sides of a transaction, the Delaware courts' most searching standard of review, entire fairness, is likely to apply.

Under Kahn v. M&F Worldwide Corp., 88 A.3d 635 (Del. 2014) ("MFW") and its progeny, controlling stockholder squeeze-out acquisitions

Here, a limited partnership agreement authorized the partnership to withhold distributions owed to a partner who withdraws from the partnership and engages in specified competitive activities.

Baby formula has sadly made headlines in recent years as a result of shortages, plant closures, contamination, and lawsuits.

Bankruptcy can serve as a mechanism for companies to consolidate and manage liabilities arising from mass tort litigation.

Cauda Equina Syndrome (CES) is a rare neurologic condition, but trained medical providers are required to understand the signs and symptoms associated with...

In the wake of the tragic incident involving the collision of The Dali container ship with the Francis Scott Key Bridge in Baltimore, Maryland...

In In re Carvana Co. S'holders Litig., ___ A.3d ___, 2024 WL 1300199 (Del. Ch. Mar. 27, 2024), the Delaware Court of Chancery granted a motion to dismiss filed by a special litigation committee...