Section 172 good faith governs conduct as well as belief: Saxon Woods v Costa
In short: in Saxon Woods v Costa [2026] UKSC 21, the Supreme Court held that section 172 good faith governs a director’s conduct as well as honest belief. A director may challenge the board’s…
Read the full articleYou might also wanna read
Directors cannot ‘go it alone’, Supreme Court rules
Clarifying the scope of the statutory duty to act in good faith, the Supreme Court has ruled that directors cannot secretly pursue their own
Between honesty and discretion
Applying the duty of good faith in Canadian common law.
Earn-Outs and Other Forms of Contingent Consideration: Recent Delaware Decisions and Drafting Takeaways
In our July 2024 Advisory regarding Trifecta Multimedia Holdings Inc. v. WCG Clinical Services LLC, we noted the importance, in the earn-out
Good News Club v. Milford Central School
Case Summary
Glass Houses Proverb—Don’t Throw Stones and Invective
A Court of Federal Claims judge sanctioned plaintiffs' counsel under RCFC 11 for confidently asserting settled North Carolina law without ci
Conflicted Controller Transactions and Aiding-And-Abetting Liability in Private Equity Deals: New Insights from Delaware
In a complex opinion ( In re EngageSmart ) stemming from an acquisition and going-private transaction, the Delaware Court of Chancery declin
Comments
Sign in to join the conversation.
No comments yet. Be the first.