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In re Citigroup Inc Shareholder Derivative Litigation, 964 A 2d 106 (Del Ch 2009) is a US corporate law case, concerning the standard under Delaware law for the duty of loyalty among directors' duties.
May 31, 1971 – June 20, 1984: Preceded by: William H. Hastie: Succeeded by: Ruggero J. Aldisert: Judge of the United States Court of Appeals for the Third Circuit; In office June 9, 1966 – June 1, 1989: Appointed by: Lyndon B. Johnson: Preceded by: John Biggs Jr. Succeeded by: Jane Richards Roth: Chancellor of the Delaware Court of Chancery ...
The court was one of the original 13 courts established by the Judiciary Act of 1789, 1 Stat. 73, on September 24, 1789. From its establishment until 1946, the court had a single judge. A temporary additional judgeship was authorized on July 24, 1946, by 60 Stat. 654, and was made permanent on September 5, 1950, by 64 Stat. 578.
On October 24, 2019, Governor John Carney announced Seitz as his nominee to be the next Chief Justice of the Delaware Supreme Court. [4] On November 7, 2019, his nomination was confirmed unanimously by the Delaware Senate. [5] He was sworn into office on November 8, 2019. [6]
The Court in its current form was established by means of a constitutional amendment in 1951. Before that, the Court had operated under the Delaware Constitution of 1897 as a unique "leftover-judge" system, wherein appeals were heard by a panel of three judges who were not involved in the matter on appeal from either the Superior Court or the Court of Chancery.
Moran v. Household International, Inc., 500 A.2d 1346 (Del. 1985) is a decision of the Delaware Supreme Court that upheld a shareholder rights plan (also known as a "poison pill") as a legitimate exercise of business judgment by Household International's board of directors. [1]
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Karen Lynn Valihura [1] (born May 16, 1963) is an American lawyer who serves as a justice of the Delaware Supreme Court. [2] She was appointed on June 6, 2014. Prior to her appointment, Valihura was a partner at Skadden, Arps, Slate, Meagher & Flom, LLP.