Dilution claims are "classically derivative" under Delaware corporate law. In Gentile v. Rossette, 906 A.2d 91 (Del. 2006), the Delaware Supreme Court recognized an exception that dilution claims can ...
The Delaware Chancery Court has ruled that minority stockholders can pursue a direct equity dilution claim against a corporation’s control group. "Although some Delaware courts have used the word ...
SmileDirectClub is in a distressed financial position and will have to raise capital in the near future. The company is primarily financed by debt and is burning cash at a high velocity. The cash ...