First Circuit: Citizenship of Trustee Without Description of Nature of the Trust Is Insufficient to Establish Diversity Jurisdiction Emphasizing that
the Trust Is Insufficient to Establish Diversity Jurisdiction Emphasizing that special attention is warranted when invoking diversity jurisdiction...
Certificate of Incorporation Provision Shielding Board’s Interference in Director Election Is Void as Contrary to Delaware Law
Director Election Is Void as Contrary to Delaware Law Delaware's corporate statute is widely regarded for its flexibility.
Deal Price In Arm’s-length Squeeze-out Merger Not Entitled to Deference In Appraisal Action
In Appraisal Action In the event of a merger, dissident shareholders are sometimes entitled to judicial appraisal of the fair value of their shares.
$850 Million Settlement of $175.3 Million Financial Statement Liability Can Support Inference of Breach of Duty of Loyalty When a corporation suffers
Can Support Inference of Breach of Duty of Loyalty When a corporation suffers harm, the board of directors is the actor empowered to determine what...
Member Involvement in Management of Manager-managed LLC Did Not Give Rise to Fiduciary Duties
Rise to Fiduciary Duties Under New Jersey law, absent a contrary provision in the operating agreement of an LLC.