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Case Study:  NACCO Industries v. Applica
January 26, 2010
NACCO Industries Inc. v. Applica Inc. No. 2541-VCL (Del. Ch. Dec. 22, 2009), highlights the expanded role that Delaware courts will play to ensure Delaware entities do not engage in fraud.
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Securities Regulation and Law Report
February 8, 2010
In two recent decisions—Dubroff v. Wren Holdings, LLC and Berger v. Pubco Corporation—the Delaware Court of Chancery expanded the substantive fiduciary disclosure obligations flowing from statutory notice requirements when a corporation takes action by written consent of stockholders or provides notice of appraisal.
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The Delaware Court of Chancery Upholds Adoption and Use of NOL Pill as Proper Exercise of Directors’ Business Judgment Under Unocal
March 1, 2010
On February 26, 2010, the Delaware Court of Chancery sustained a board's decision to adopt and use a poison pill rights plan with a 4.99% flip-in trigger designed to protect the corporation's net operating losses.
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Richards, Layton & Finger lawyers are prolific writers and presenters on the Delaware issues that matter most to American business.

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