Corporate – Civil Practice – Statute of Limitations – Delaware Law – Breach of Fiduciary Duties (access required)

Menezes v. WL Ross & Co Under Delaware law, plaintiff’s breach of fiduciary duty claim arose when the terms of a merger between his former employer and another company were approved by the employer’s board of directors, not when the merger was officially closed by vote of the shareholders.

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South Carolina Lawyers Weekly

Corporate – Civil Practice – Statute of Limitations – Delaware Law – Breach of Fiduciary Duties

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