Court of Chancery Examines Director's Personal Relationship in Dismissing Duty of Loyalty Claim

Kaan Ekiner and Mark Felger, writing in the Delaware Business Court Insider, discuss Vice Chancellor Sam Glasscock III’s decision In re Orbit/FR Shareholders Litigation. In this case, the Vice Chancellor’s decision shows how the court analyzes personal relationships in the context of director independence.

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Kaan Ekiner

Member

kekiner@cozen.com

(302) 295-2046

Mark E. Felger

Co-Chair, Bankruptcy, Insolvency & Restructuring

mfelger@cozen.com

(302) 295-2087


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