by ged4332 | May 14, 2026
PRIORITY 9: JUDICIAL Executive Summary The Delaware Court of Chancery has allowed duty-of-loyalty claims to survive against outside directors who approved a fundamental transaction in a single meeting, without outside advisors, in conscious violation of the...
by ged4332 | May 13, 2026
When Delegation Becomes Abdication Chancery confirms: outside directors who rubber-stamp a fundamental transaction and then go silent face personal liability, even when they are technically independent. Executive Summary In YWCA of Rochester and Monroe County v....