A recent Delaware Court of Chancery decision is a treasure trove of fundamental principles applicable to corporate litigation. In Ban v. Manheim, C.A. No.2022-0768-JTL (Del. Ch. May 19, 2025), the 60-plus page post-trial opinion applies an exemplary legal analysis
Francis G.X. Pileggi
For over 30 years, I have practiced in the areas of corporate and commercial litigation as well as other complex litigation and administrative proceedings. My practice includes representation in high-stakes disputes for a wide range of clients in many industries as well as for utility companies, government entities and non-profits in multiple states. I have also litigated successfully, in both federal and state appellate courts, groundbreaking Second Amendment cases and related constitutional issues on behalf of civil rights organizations.
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Prof. Examines Recent Suit For Corporate Records of Delaware Corp–filed in Illinois
The inestimable Professor Bainbridge, one the country’s leading corporate law scholars, has done a deep dive into the issues presented by a recent filing in Illinois for corporate records of a Delaware corporation. The good professor has written three articles…
Supreme Court Addresses Fraudulent Concealment and Indemnification in Post-Closing Dispute
The Delaware Supreme Court provides useful clarification regarding when a fraudulent concealment claim tolls the statute of limitations for indemnification claims, in LGM Holdings, LLC v. Gideon Schurder, et al., Del. Supr., No. 314, 2024 (April 22, 2025).
Background…
National Law Review’s Delaware Corporate and Commercial Law Monitor, 4th Edition
As Editor-in-Chief of the Delaware Corporate and Commercial Law Monitor published by The National Law Review, the Fourth Edition, I am happy to announce, was recently released. This new exercise in scholarship is in addition to my blog and…
Recent Ethics Column on Spoliation of Evidence
For my most recent ethics column for The Bencher, now in its 25th year, I highlighted a recent Delaware Court of Chancery decision on the duty of anyone involved in potential or pending litigation to preserve relevant evidence, including…
Chancery Rules: insider profit, inside info, not always insider trading
Frank Reynolds, who has been covering Delaware corporate decisions for various national publications for over 40 years, prepared this article.
The Delaware Court of Chancery recently dismissed a shareholder suit that claimed Palantir Technologies officers and directors reaped exorbitant profits…
More Scholarship on SB 21
The fusillade of learned commentary on recent developments in Delaware corporate law, known colloquially as SB 21, continues apace. The Delaware Legislature passed legislation in March that statutorily defines controlling shareholder and director independence, via an amendment to DGCL Section…
Chancery Denies Motion to Strike Part of Pleading
A recent Delaware Chancery decision is notably for its pithy resolution regarding a rarely used but important procedural rule that, in theory, has wide application. In ZAGG v. Keogh, C.A. No. 2023-1275-KSJM (Del. Ch. May 8, 2025), the court…
Chancery Allows SJ Motion on Director Independence Issue
A recent Delaware Court of Chancery decision might carry more impact than its short length might otherwise suggest. In the matter styled In Re Fox Corporation Derivative Litigation, C.A. No. 2023-0419-BWD (Del. Ch. April 28, 2025), the court determined that…