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· 5/28/2010

In the Matter of Petition of Woods.

Citations

  • 996 A.2d 795
  • 2010 Del. LEXIS 246
  • 2010 WL 2164529

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

  • denying petition for writ of certiorari based on this Court’s affirmance of the denial of Woods’ first motion for postconviction relief
  • granting defendants‘ motion to dismiss when plaintiffs failed to state a non-exculpated claim against the director defendants for breach of fiduciary duty
  • granting defendants‘ motion to dismiss when plaintiffs failed to state a non-exculpated claim against the director defendants for breach of fiduciary duty
  • “The appropriate starting place in evaluating plaintiff’s fiduciary duty claims, however, is with the well-established presumption of the business judgment rule . . . .”
  • “Again, there is no ‘blueprint’ that directors must follow to satisfy their fiduciary obligations in a change of control transaction. Rather, what a director must do to discharge her fiduciary obligations depends on the circumstances in which the director is acting.”
  • dismissing petition for writ of certiorari

Source: CourtListener parenthetical corpus (CC0).

Judges: Steele, Chief Justice, Holland and Ridgely, Justices

Read full opinion on CourtListener

Sourced from CourtListener / Free Law Project (CC0).

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.