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   State Courts - Delaware - February 9, 2000

  
Brehm v. Eisner, No. 469, 1998, SUPREME COURT OF DELAWARE, February 9, 2000, Decided
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Overview: Shareholder derivative suit partially dismissed with prejudice for failing to plead with particularity claim that directors were disinterested and violated business judgment rule by approving extravagant employment agreement.

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Kortum v. Webasto Sunroofs Inc., Civil Action No. 17237, COURT OF CHANCERY OF DELAWARE, NEW CASTLE, February 9, 2000, Date Decided
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Overview: Director and 50 percent stockholder's inspection rights were unrestricted because corporation did not rebut presumption that a sitting director is entitled to access books and records of the corporation for which he sits.

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National Grange Mut. Ins. Co. v. Davis, Civil Action No. 1998-09-094, COURT OF COMMON PLEAS OF DELAWARE, NEW CASTLE, February 9, 2000, Decided
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Overview: Vehicle owner negligently entrusted vehicle to driver, who cause an accident, where witness saw driver in vehicle on numerous occasions prior to accident and defendant admitted to leaving driver in running vehicle.

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Smithkline Beecham Pharms. Co. v. Merck & Co., No. 403, 1999, SUPREME COURT OF DELAWARE, February 9, 2000, Decided
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State of Wis. Inv. Bd. v. Bartlett, C.A. No. 17727, COURT OF CHANCERY OF DELAWARE, NEW CASTLE, February 9, 2000, Submitted , February 9, 2000, Decided
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Overview: A shareholder vote was enjoined and postponed for 15 days or until an agreed upon later time in order to assure that shareholders had adequate time to assimilate information necessary for them to cast an informed vote.

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