By Lewis H. Lazarus, Albert H. Manwaring, Albert J. Carroll, and Aubrey J. Morin, Morris James, LLP
In their article, Delaware Corporate and Commercial Case Law Year In Review – 2023, experts from Morris James LLP provide an overview of ten key decisions from the Delaware courts in 2023 that are likely to affect business transactions and business litigation going forward. The authors focus on those decisions that either meaningfully changed Delaware law or provided clarity or guidance on issues relevant to corporate and commercial litigation in the state. The article reviews decisions on, among other things, the application of the Caremark doctrine to corporate officers and not just directors; Delaware’s standards of review for board action interfering with the stockholder franchise or director elections; and the reinforcement of long-standing Delaware law that affords deference to a board’s unconflicted business decisions.
To read the entire article, click here.