From friend of the blog/Delaware lawyer Francis Pileggi:
In connection with analyzing claims that certain defendants aided and abetted breaches of the directors’ fiduciary duties, a recent Court of Chancery opinion provides an exemplary recitation of important fundamental principles of Delaware corporate law. The court’s decision in the case of In re PLX Technologies Inc. Stockholders Litigation, Cons. C.A. No. 9880-VCL (Del. Ch. Oct. 16, 2018), is a 136-page mini-treatise that explains key tenets of Delaware corporate law in the context of a challenged acquistion.
With all due deference to the learned counselor, but 136 pages is not "mini"!
In any event, Pileggi highlights the take-home points in a most helpful way.
