On April 13, 2026, the Delaware Court of Chancery dismissed all 12 claims asserted in The Gregory M. Raiff 2000 Trust v. Jenzabar, Inc., 2026 WL 992587 (Del. Ch. Apr. 13, 2026). Some claims were exclusively derivative, some were unripe,
More fun with the direct/derivative distinction
By Ann Lipton
Last week, VC Will dismissed the plaintiffs’ claims in The Gregory M. Raiff 2000 Trust v. Jenzabar, Inc., et al.. The complaint alleged a number of fiduciary breaches, including unearned stock giveaways to insiders over a period of 11…