DEL. HIGH CT.: INVESTORS CAN'T BE FORCED TO ARBITRATE BREACH-OF-DUTY CLAIMS
Parfi Holding v. Mirror Image Internet
Shareholders of Delaware corporations cannot be forced to submit breach-of-duty charges to an arbitration panel unless they have clearly agreed to do that in the charter, the state supreme court has ruled in a first-impression decision that revived a...
DEL. HIGH CT.: INVESTORS CAN'T BE FORCED TO ARBITRATE BREACH-OF-DUTY CLAIMS
Parfi Holding v. Mirror Image Internet