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Corporate & Securities Law

: BusinessAssociationsBlog.com

Has Chancellor Chandler Embraced Director Primacy?

By Stephen Bainbridge

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In his recent decision in In re TRANSKARYOTIC THERAPIES, INC., Delaware Chancellor William Chandler offers his court’s latest word on the “somewhat nebulous” “fiduciary duty of disclosure.” Chandler undertakes a lengthy and very helpful review of the development of the law relating to disclosure claims characterzied as arising out of fiduciary obligations rather than...

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Full post as published by BusinessAssociationsBlog.com on June 29, 2008 (boomark / email).

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