In yesterday's post, I posited that Delaware does and doesn't define "officer". For the proposition that Delaware defines the term, I cited Delaware's deemed consent statute - 10 Del. Code § 3114. That statute, however, only appears to furnish a...
Delaware's Definition Of "Officer" Fails To Define "Officer
Posted on April 19, 2023
Is This The Case That Ate Delaware Corporate Law?
Posted on February 10, 2023
In a recent feature published by the Washington Legal Foundation, UCLA Professor Stephen Bainbridge casts a jaundiced eye toward Vice Chancellor J. Travis Laster's recent ruling in In re McDonald's Corp. Stockholder Deriv. Litig., C.A. No....
Why Is McDonald's Former V.P. Being Judged In Delaware By Delaware Law?
Posted on February 01, 2023
Vice Chancellor J. Travis Laster's recently ruled that McDonald's Corporation's former Executive Vice President and Global ChiefPeople Officer, David Fairhurst, owed a duty of oversight comparable to the duty articulated by Chancellor Allen in In re...
Court Of Appeal Finds No Right To Jury In Shareholder Class Action
Posted on November 16, 2017
In several blog posts, I have commented on the right to a jury trial under California law. This may seem like an inapposite subject for a blog devoted to corporate and securities law issues. Nonetheless, I have prognosticated that the right to a...