article thumbnail

Firsts, Still

OnlyOnce

The second was that I came face to face with a judge in the state of Delaware for the first time around some litigation we’re in the middle of now. While I can’t comment on this for obvious reasons, you never think when you decide to incorporate in Delaware that a trip to a courthouse in Wilmington is in your future.

article thumbnail

Multiple Choice Question: Which of the Following Fiduciary Duties Did the Hewlett Packard Board Violate? (There May Be Multiple Right Answers)

Pascal's View

Duty of Good Faith: A separate duty of good faith has emerged in some jurisdictions such as Delaware where a director has engaged in such egregious behavior as to not have acted in good faith. Examples of not acting in good faith: Consciously or recklessly not devoting sufficient time to required duties.