The Delaware Court of Chancery has jurisdiction to determine whether an election of a director of a Delaware corporation is proper, and frequently adjudicates disputed elections pursuant to Section 225
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Shareholder Disputes
Dissolution and Winding-Up of Delaware Corporations (Part II)
By Fox Rothschild LLP on
This post will continue the discussion of the dissolution and winding-up procedure of a Delaware corporation.
Can the Court Judicially Supervise the Winding-Up Procedure?
Yes. Under Sections 280 and 281(a)…
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Dissolution and Winding-Up of Delaware Corporations (Part I)
By Fox Rothschild LLP on
If you are a shareholder or director of a Delaware corporation, you may one day find it advantageous to dissolve your company. This post will generally discuss the dissolution and…
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Disputes Over Board Composition or Officer Position
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If you are a shareholder or director of a Delaware corporation, and you dispute the composition of the company’s board of directors, or the appointment of an officer, you have…
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Demand for Appointment of a Custodian or Receiver of a Corporation
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If you are a shareholder of a deadlocked Delaware corporation, and the company is immobilized by such dissension, then a remedy exists for you under Delaware law. This post will…
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Appraisal of Corporate Shares
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When a Delaware corporation merges or consolidates with another company, shareholders can petition the Delaware Court of Chancery to appraise the value of their shares. This post will address a…
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Corporate Books and Records Actions in Delaware
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Imagine this scenario: you invested your hard-earned money into a Delaware corporation, hoping to obtain a profitable return on your investment. You have placed your trust in the management of…
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Directors’ and Shareholders’ Reference Guide to Summary Proceedings in the Delaware Court of Chancery
By Sheldon Rennie on
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…
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…