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DE Corporate Law
Main image for Delaware Law Update 2021 Year in Review
Publications|Alert

Delaware Law Update 2021 Year in Review

Delaware Law Update

4.1.2022

Our Delaware Corporate, LLC and Partnership Law attorneys closely follow the opinions coming from Delaware’s Supreme Court and Court of Chancery. Our 2021 Year in Review is a collection of brief summaries of selected cases concerning Delaware Corporate, LLC and Partnership Law. Our summaries are intended to provide information that may be helpful in strategic and business decisions concerning litigation and commercial arrangements.


2.11.2021

Court of Chancery Rejects Internal Affairs Doctrine in Employment-Related Lawsuit – Focus Financial Partners, LLC v. Holsopple

Daniel M. Silver, Travis J. Ferguson and Alexandra M. Joyce


2.19.2021

Delaware Court of Chancery Rejects Proposition That Accounting Principles Must Be Consistently Applied during True-up Process in the Absence of Express Language Requiring Consistency – Golden Rule Fin. Corp. v. S’holder Rep. Servs., LLC

Matthew J. Rifino


3.5.2021

Court of Chancery Confirms No Breach of Fiduciary Duty in Connection with “Contrived” but Genuine Deadlock – Sanjiv Mehra, et al. v. Jonathan Teller, et al.

Sarah E. Delia


5.7.2021

Delaware Supreme Court Rules on Contractual Limitation on Liability Provision – Express Scripts, Inc. v. Bracket Holdings Corp.

Benjamin A. Smyth


8.13.2021

Delaware Supreme Court Rules That Otherwise Entirely Fair Transaction Does Not Pass Muster When Taken for Inequitable Purpose – Marion Coster v. UIP Companies, Inc.

Sarah E. Delia and Philip D. Amoa


8.25.2021

Approval of Conflicted Transaction by a Majority of LLC Members Does Not Disclaim Fiduciary Duties – Largo Legacy Grp., LLC

Philip D. Amoa and Matthew J. Rifino


9.13.2021

Delaware Court of Chancery Endorses Reverse Veil-Piercing – Manichaean Capital, LLC v. Exela Technologies Inc., et al.

Philip D. Amoa, Travis J. Ferguson and Matthew J. Rifino


9.20.2021

Disclaimed Traditional Fiduciary Duties in LLC Agreement Re-imposed on Manager by Contradictory Language in LLC Agreement – Cadira Grp. Holdings, LLC Litig.

Philip D. Amoa and Matthew J. Rifino


9.23.2021

Delaware Supreme Court Overrules Prior Precedent Regarding Stockholder Dilution Claims – Brookfield Asset Management Inc. v. Rosson

Sarah E. Delia


9.30.2021

Business Judgment Rule Applies Where Stockholder Failed to Plead Merger Was Interested Transaction – Flannery v. Genomic Health, Inc.

John Basenfelder


10.1.2021

Delaware Court of Chancery Finds Non-Signatory Subsidiary Bound by Forum Selection Provision Contained in Contract with Its Parent – Florida Chemical Company, LLC v. Flotek Industries, Inc.

Johanna Peuscher-Funk


10.21.2021

Delaware Court of Chancery Finds Lack of Subject Matter Jurisdiction Because of Company’s Conversion to a Foreign Entity– In re Coinmint, LLC

Chelsea A. Botsch


11.19.2021

Zuckerberg Ruling Combines Long-standing Rales and Aronson Tests for Demand Futility into a Single “Universal” Test – United Food and Commercial Workers v. Zuckerberg et al.

Sarah E. Delia


12.8.2021

Ordinary Course Covenants May Permit Buyers to Terminate Sale Contracts Even For Disaster-Related Operational Changes – AB Stable VIII LLC v. MAPS Hotels and Resorts One LLC

Sarah E. Delia and Philip D. Amoa


If you have any questions about these topics, please contact a member of the Delaware Corporate, LLC and Partnership Law Group or your lawyer at McCarter & English, LLP

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Related People

Philip D. Amoa
John Basenfelder
Chelsea A. Botsch
Daniel J. Brown
Stephanie H. Dallaire
Sarah E. Delia
Andrew S. Dupre
Travis J. Ferguson
Alexandra M. Joyce
Brian R. Lemon
Hayley J. Reese
Matthew J. Rifino
Daniel M. Silver
Benjamin A. Smyth

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Delaware Corporate, LLC & Partnership Law
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