Legal Opinion
Brandin v. Deason
Court of Chancery of Delaware
Decided July 20, 2007No. C.A. 2123-VCLPublishedCited by 8 opinions
1Opinion of the Court
OPINION
LAMB, Vice Chancellor.
Over a year after the filing of this derivative action and several months after the sixteen individual defendants answered the amended complaint, three of them now ask the court to stay this case, which challenges purported stock option backdating practices allegedly perpetrated by various directors and officers of a Delaware corporation, pending resolution of a later-filed parallel proceeding in a Texas federal court. Largely because substantial unsettled issues of Delaware law are involved in this litigation, and since the defendants’ claims that they would be…
2Cases cited15 opinions
- Santa Fe Industries, Inc. v. GreenSupreme Court of the United States · 1977
- Aronson v. LewisSupreme Court of Delaware · 1984
- Desimone v. BarrowsCourt of Chancery of Delaware · 2007
- Spiegel v. BuntrockSupreme Court of Delaware · 1990
- In Re Tyson Foods, Inc. Consolidated Shareholder LitigationCourt of Chancery of Delaware · 2007
10 more not listed; retrieve them via the Exa API.
3Cited by8 opinions
- In Re Citigroup Inc. Shareholder Derivative LitigationCourt of Chancery of Delaware · 2009
- Hamilton Partners, L.P. v. EnglardCourt of Chancery of Delaware · 2010
- Martinez v. E.i. Dupont De Nemours & Co.Supreme Court of Delaware · 2014
- Aveta, Inc. v. ColonCourt of Chancery of Delaware · 2008
- In Re Nyfix, Inc. Derivative LitigationDistrict Court, D. Connecticut · 2008
3 more not listed; retrieve them via the Exa API.