Corporate
Jan. 1, 2016
Takeaways from the Delaware Supreme Court's RBG decision
The recent RBC decision further debunks the myth that Delaware is a defendant friendly jurisdiction in which plaintiffs will struggle even when bringing meritorious claims. By Eric Waxman
While confirming the narrow contours of aiding and abetting liability, in upholding a $75 million judgment against the target's financial advisor, the Delaware Supreme Court's opinion in RBC Capital Markets, LLC v. Joanna Jervis, 2015 WL 7721882 (Del. November 30, 2015) further debunks the myth that Delaware is a defendant friendly jurisdiction in which plaintiffs will struggle even when they bring meritorious cases. Indee...
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