Delaware Chancery Court Finds that Contracts Trump Fiduciary Duties | Practical Law

Delaware Chancery Court Finds that Contracts Trump Fiduciary Duties | Practical Law

An update on the Delaware Chancery Court's opinion in Nemec v. Shrader et al and Wittkemper v. Shrader et al, holding that, among other claims, breach of fiduciary duty claims based on contractual obligations must be treated as breach of contract claims.

Delaware Chancery Court Finds that Contracts Trump Fiduciary Duties

Practical Law Legal Update 8-386-0333 (Approx. 3 pages)

Delaware Chancery Court Finds that Contracts Trump Fiduciary Duties

by PLC Corporate & Securities
Published on 01 May 2009Delaware, USA (National/Federal)
An update on the Delaware Chancery Court's opinion in Nemec v. Shrader et al and Wittkemper v. Shrader et al, holding that, among other claims, breach of fiduciary duty claims based on contractual obligations must be treated as breach of contract claims.