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Summaries and analysis of recent Delaware court decisions concerning business-related litigation.
Morris James Blogs
Court Of Chancery Explains When A Complaint Asserts A Class Claim
This is an excellent explanation of when a clam is a "direct" claim that may be asserted by a class and not a derivative claim. When the plaintiff's rights, such as the right to have a transaction approved in a certain way, are affected, then her claim is a direct one. Numerous examples are given as well.