Practice Pointers

Under Section 291 of the DGCL, only shareholders or creditors have standing to seek the appointment of a receiver to an insolvent Delaware corporation.  However, Delaware cases have interpreted the
Continue Reading Appointing Receiver to an Insolvent Corporation Under Section 291 of the DGCL: Who has Standing to Seek Appointment?

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

Continue Reading Counsel Warned To Proceed At Their Own Risk When Granting Courtesy Extensions Without Prior Court Approval

It is not uncommon for shareholders who seek appraisal of their shares, pursuant to Section 262 of the Delaware General Code (“DGCL”) in objection to a merger, to also pursue

Continue Reading Appraisal Actions Must Be Instituted Separately From Claims of Wrongdoing Against Directors and Officers, With One Exception