Odd litigation funding deal in class action prompts Delaware judge to order full disclosure. Read @AlisonFrankel's column for more: https://t.co/T5p67vTja2 https://t.co/XC6aL2y86x
For litigation financiers backing class actions in Delaware Chancery Court, weird facts have just led to potentially problematic precedent. Read @AlisonFrankel's column for more: https://t.co/T5p67vTQZA https://t.co/TZZSzSsCRl
Odd litigation funding deal in class action prompts Delaware judge to order full disclosure https://t.co/PdBD5Cy6gM https://t.co/vhwCRMfPw4
Recent developments in Delaware's Court of Chancery have highlighted significant corporate law issues. Boeing has accused shareholders of employing a new pressure tactic, while Cantor Fitzgerald has reached a $12 million settlement. Additionally, a vice chancellor addressed the challenges posed by 'zombie companies'—firms that continue to operate despite being insolvent. A peculiar litigation funding deal in a class action case has led a Delaware judge to mandate full disclosure, raising concerns about potential precedents for litigation financiers involved in such cases. These events underscore the evolving landscape of corporate governance and litigation in Delaware.