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The Court of Chancery recently issued its latest decision in the contentious case captioned In re Shawe & Elting LLC.  This decision addresses Elizabeth Elting’s motion seeking the imposition of sanctions against Philip Shawe.  After conducting a hearing on the request, the Court found,

clear evidence adduced at the sanctions hearing establishes that Shawe acted

The Delaware Supreme Court and the Court of Chancery have each amended their Rules to implement the Delaware Rapid Arbitration Act.  The announcement of these amendments provides,

Amendments to the Delaware Supreme Court Rules and the Court of Chancery Rules Related to the Delaware Rapid Arbitration Act

To implement aspects of the recently-enacted Delaware Rapid

On May 6, 2015, the Delaware Supreme Court heard oral argument on two cases that presented the same question: “In an action for damages against corporate fiduciaries, where the plaintiff challenges an interested transaction that is presumptively subject to entire fairness review, must the plaintiff plead a non-exculpated claim against the disinterested, independent directors to

Delaware’s long-arm statute provides jurisdiction over defendants who are not residents of the State of Delaware.  Rather, the statute provides the courts of this State with jurisdiction over a defendant who “in person or through an agent . . . [t]ransacts any business or performs any character of work or service in the State .