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Goldstein v. Denner: Delaware Court of Chancery imposes sanctions for spoliation of evidence

In Goldstein v. Denner, the Delaware Court of Chancery imposed sanctions pursuant to Court of Chancery Rule 37(e) in light of the defendants’ failure to preserve text messages. The...

News

Delaware Supreme Court holds separate class vote not required for officer exculpation amendment

In re Fox Corporation/Snap Inc. Section 242 Litigation, the Delaware Supreme Court ruled that corporations do not need to seek votes from each separate stockholder class to approve charter...

News

2024 Securities, Shareholder, and M&A Litigation Outlook

In the latest edition of our Securities, Shareholder, and M&A Litigation Outlook for 2024, we analyze key developments from 2023 and discuss how the most important cases from Delaware...

Media Mention

Hogan Lovells represents Major League Pickleball (MLP) in Merger with PPA Tour Law 360

Partners Steve Argeris and Jon Talotta led the Hogan Lovells team in advising MLP on the completion of a merger with Carvana PPA Tour, the leading professional pickleball organizations....

News

Q4 2023 Quarterly Corporate / M&A decisions updates

This quarter, Delaware courts issued several notable opinions in unique contexts. For example, in a rare reversal, the Delaware Supreme Court rejected the Court of Chancery’s use of...

News

Lebanon County v. Collis: Delaware Supreme Court reverses dismissal of Caremark claims

In Lebanon County Employees’ Retirement Fund v. Collis, the Delaware Supreme Court reversed the Delaware Court of Chancery’s dismissal of Caremark claims against the directors...

News

Pietrasik v. Kraus Hamdani Aerospace: Despite Plaintiff’s “Rancor,” Delaware Court Grants 220 Demand

After a de novo review of the record following a Magistrate in Chancery’s final report, Vice Chancellor Fioravanti of the Delaware Court of Chancery declined to accept the...

News

Segway, Inc. v. Cai – Delaware Chancery Court reaffirms Caremark bad faith requirement

In Segway, Inc. v. Cai, the Delaware Court of Chancery dismissed a breach of fiduciary duty claim for failure to allege “sufficient facts to support a reasonable inference that the...

News

Texas Pacific: Following Trial, Delaware Court Rules Investors Violated Stockholders Agreement

In Texas Pacific Land Corporation v. Horizon Kinetics LLC, the Delaware Court of Chancery ruled in a post-trial opinion that investors violated a stockholders agreement by failing to vote...

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