Addressing an issue that has been for the first time squarely presented to any Delaware Court, the Court of Chancery in In Re MFW Shareholders Litigation, C.A. No. 6566-CS
Sheldon Rennie
Panel Discussion at the Cardozo School of Law on the Challenge to the Court of Chancery’s Private Arbitration Proceedings
By Sheldon Rennie on
On February 7, 2013, the Benjamin N. Cardozo School of Law, Yeshiva University will be hosting a panel discussion on the challenge to the Delaware Court of Chancery’s Arbitration Proceedings.
Counsel Warned To Proceed At Their Own Risk When Granting Courtesy Extensions Without Prior Court Approval
By Sheldon Rennie on
“Henceforth, parties who ignore or extend scheduling deadlines without promptly consulting the trial court, will do so at their own risk.”
The Delaware Supreme Court in the recent…
Court Finds Subject Matter Jurisdiction Under the Delaware Limited Liability Company Act and Reiterates the Crystalline Standard Necessary for a Forum Selection Clause to Confer Exclusive Jurisdiction in a Particular Venue
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If the contractual language is not crystalline, a court will not interpret a forum selection clause to indicate the parties intended to make jurisdiction exclusive.
Directors’ and Shareholders’ Reference Guide to Summary Proceedings in the Delaware Court of Chancery
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The Delaware Court of Chancery is internationally recognized for resolving disputes related to corporations and other business entities. Its excellence, opportunity for proceedings and swift determination, actions known as summary…
Jurisdiction Over Manager Of Delaware Limited Liability Partnership Denied–Lack Of Statutory Authority
By Sheldon Rennie on
It is doubtless troubling to New Media that Delaware law provides no statutory basis for exercising jurisdiction over the manager of a Delaware limited liability partnership for breaches of fiduciary
Court of Chancery Resolves Dispute Over Board Composition of a Non-Stock Corporation
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“Delaware has not provided a separate statute for non-stock corporations, but has instead dealt with such corporations within the ambit of the DGCL”.
Court of Chancery Re-Affirms Freedom of Contract Afforded to Alternate Entities to Eliminate Fiduciary Duties
By Sheldon Rennie on
In Hite Hedge LP et al. v. El Paso Corporation, C.A. No. 7117-VCG, (Del. Ch. Oct. 9, 2012), the Delaware Court of Chancery re-affirmed its longstanding…
Chancery Revises Guidelines for Use of Laptops by the Media
By Sheldon Rennie on
According to the Court of Chancery’s website, laptops will now be permitted by members of the media into Chancery courtrooms for note taking purposes only, upon prior approval. For a…
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Court of Chancery Denies Request for Partial Final Judgment under Rule 54(b)
By Sheldon Rennie on
In the case of Tang Capital Partners, LP v. Norton, C.A. No. 7476-VCG (Del. Ch. Aug. 31, 2012), the Court of Chancery reviewed Plaintiff’s request that the Court enter…
Continue Reading Court of Chancery Denies Request for Partial Final Judgment under Rule 54(b)