The Delaware Court of Chancery is internationally recognized for resolving disputes related to corporations and other business entities. Its excellence, opportunity for proceedings and swift determination, actions known as summary proceedings, is what makes it the preeminent court for litigants.
To summarize these proceedings, we have prepared the Directors’ and Shareholders’ Reference Guide to Summary Proceedings in the Delaware Court of Chancery, which is intended to provide directors and shareholders with a general overview of the different types of summary proceedings that can be brought in the Delaware Court of Chancery. This reference guide provides a general description of the following actions that are commonly asserted before this Court:
- Books and records demands
- Disputes over Board Composition or Officer Position
- Demand for Appraisals of Shares
- Demand for Appointment of a Custodian or Receiver of a Corporation
- Dissolution and Winding-Up of a Corporation
For a more detailed description of these actions, please refer to our other blog posts related to such subjects.