Tag Archives: Wield

Company cannot wield its failure to provide notice as sword against stockholders

By Anne Sherry, J.D.The Delaware Court of Chancery ruled that while an action to determine board composition under Section 225 is narrow in scope, the court may consider allegations of inequitable conduct to the extent germane. The dispute, between a … Continue reading

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Swarming States Wield Dodd-Frank Against PHH Mortgage Corporation

Last week, regulators from 49 states and the District of Columbia announced a $45 million settlement with PHH Mortgage Corporation. Left unsaid was how that settlement would become legally enforceable and whether it would fully exonerate PHH. The answers to … Continue reading

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