Ellen Bardash

The decision is the latest development in Chancery litigation that's been underway since November 2022, when Activision shareholder and Swedish pension fund Sjunde AP-fonden filed a lawsuit claiming the company's merger with Microsoft violated Delaware laws on board negotiation and merger approval requirements.

The decision is a win for the Weil, Gotshal & Manges and Richards, Layton & Finger team that represented the Kansas-based movie theater chain.

The complaint alleges that when the public learned in June 2022 that Wells Fargo's DEI "shams" involved conducting interviews with candidates it

The complaint alleges Kleber Santos, the executive who led the company's diverse search requirement program, allegedly profited by selling Wells

The opinion, written by Judge Cheryl Ann Krause, resolves an appeal a three-judge panel heard argument on in November and allows the majority of

In dispute are the 14 defendant corporations' irrevocable resignation bylaws, which require director nominees to provide an irrevocable letter of

In a SEC filing dated Sunday, Incyte, which is both incorporated and headquartered in Delaware, indicated the payment represents roughly five years of disputed royalty payments linked to the drug Jakafi. Quinn Emanuel Urquhart & Sullivan and Paul Hastings represented Wilmington, Delaware-based Incyte.

Vice Chancellor Lori Will took three hours of argument on the case. Lawyers for Trump Media & Technology Corp said the court should rule clearly

Six corporate law professors argue that reversing the Chancery decision would reopen a door the Supreme Court closed last year in its In re Match

Accepting Elon Musk's amici arguments and "discarding core precedents to save Musk's pay package" would harm the reputation of Delaware's