Delaware Supreme Court Eliminates Gentile Dual Natured Claims
By EsqSocial Corporation 24/09/21
On September 20, 2021, the Delaware Supreme Court overruled its 2006 decision in Gentile v. Rossette, eliminating so-called "dual natured" simultaneous direct and derivative claims for breach of fiduciary duty. The decision brings added predictability to Delaware law and eliminates a potential avenue for post-deal litigation....
By: Wilson Sonsini Goodrich & Rosati