In the matter of Manning v. Vellardita, C.A. No. 6812-VCG (Del. Ch. Mar. 28, 2012), a Section 225 action under the Delaware General Corporation Law, the Court of
DGCL Section 225
Section 225 Actions: Discussion of the Scope and Limitations of Such Summary Proceedings
By Sheldon Rennie on
In an important recent decision, Genger v. TR Investors, LLC, No. 592, 2010 (Del. Supr., July 18, 2011), the Delaware Supreme Court determined which claims can properly be asserted…
Challenges to Director Elections, Appointments, Removals or Resignations Under Section 225 of the DGCL
By Sheldon Rennie on
Section 225 of the Delaware General Corporation Law (“DGCL”) provides a mechanism through which shareholders, directors or officers of a corporation can challenge the appointment, removal or resignation of any…