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Corporate & Securities Law

: BusinessAssociationsBlog.com

Remedies under Delaware State Law for Breaches of the Duty of Disclosure

By Stephen Bainbridge

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The other day, I noted Chancellor William Chandler’s recent decision in Transkaryotic Therapies, in which he granted summary judgment to defendants with respect to a claim arising out of the so-called fiduciary duty of disclosure on grounds that too much time had lapsed since the vote allegedly affected by the disclosure violations: The solicitation of proxies for the shareholder vote...

[continued on site]

Full post as published by BusinessAssociationsBlog.com on July 02, 2008 (boomark / email).

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