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: Delaware Business Litigation ReportCourt Of Chancery Sets Pleading Rule For Self Dealing Claim
By Edward M. McNally
Monroe County Employees' Retirement System v. Carlson, C.A. 4587-CC (June 7, 2010)
Because "self dealing" sounds so bad, sometimes a plaintiff thinks that all she needs to do is say those words in a complaint to state a claim. Not so. As this decision points out, self dealing may still be fair if the price is right. Hence, to state a claim a complaint must state facts that show the deal was not fair.
Full post as published by Delaware Business Litigation Report on June 07, 2010 (boomark / email).
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