In a thorough 52-page report issued on March 6, 2026, Magistrate Wright of the Court of Chancery resolved cross-motions for summary judgment in Manche v. MVMT Labs, Inc., C.A. No. 2025-1407-CDW, granting advancement to a corporation’s co-founder who incurred
The Supreme Court’s January 2026 decision in Coney Island Auto Parts Unlimited, Inc. v. Burton, 607 U.S. 155 (2026), resolves a significant circuit split and reinforces a basic principle of judicial efficiency: judgments must eventually become final, even when
I have spent the better part of my career litigating business disputes in the Delaware Court of Chancery, the Delaware Superior Court, and the United States Bankruptcy Court for the District of Delaware. Over the course of that work, one
In the January 15, 2026 decision rendered in In re The Aspen Chapel, the United States Bankruptcy Court for the District of Colorado provided a significant reminder that bankruptcy, while a powerful tool for financial restructuring, cannot be weaponized to
When a special purpose acquisition company burns through capital pursuing a failed deal, it often emerges from the wreckage with nothing but litigation claims. How, then, should a debtor with no operational revenue prosecute those claims? Judge John P. Mastando
Major Decisions and Legislative Reforms Shape Corporate Governance
If 2024 was the year Delaware’s corporate law establishment got nervous, 2025 was the year it fought back. And fought back hard.
For those of us who follow Delaware corporate law closely,
On December 1, 2025, the U.S. District Court for the Southern District of New York issued a decision in In re GOL Linhas Aéreas Inteligentes S.A., 675 B.R. 125 (S.D.N.Y. 2025), reversing a bankruptcy court’s confirmation of third-party releases that
On August 21, 2025, Judge Craig T. Goldblatt of the United States Bankruptcy Court for the District of Delaware issued a significant ruling in In re AIO US, Inc. (the Avon Products bankruptcy) that rejected a “gatekeeping” provision in a
On August 29, 2025, the Delaware Bankruptcy Court issued a dismissal order in In re Bedmar, LLC that stands as one of the clearest applications of the “manufactured bankruptcy” doctrine to emerge from the post-Third Circuit landscape. Judge J. Kate
When personal injury attorneys face a defendant who files for bankruptcy, progress on the case suddenly halts as the automatic stay takes effect. While obtaining relief from the stay is the first challenge (as discussed in my previous article),
