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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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…
Pharmasset, Inc.’s Board of Directors Sued in Class Action Complaint
By Sheldon Rennie on
On November 29, 2011, the shareholders of Pharmasset, Inc. filed a class action complaint against the company’s board of directors for alleged breach of fiduciary duties arising out of the…
Continue Reading Pharmasset, Inc.’s Board of Directors Sued in Class Action Complaint