The Court of Chancery published 7 opinions between March 9 and April 9, 2026, all in corporate/commercial matters. This is not unusual — T&E opinions tend to cluster, and a 30-day dry spell happens several times per year.
Worth watching: Delaware's trust code amendments (effective January 2026) have not yet generated published Chancery opinions interpreting the new provisions. Early test cases may emerge in the next quarter.
Post-trial opinion addressing fraud, spoliation of evidence, and enforcement of security interests over property owned by LLCs. The defendant's agent (a "rogue manager") created fraudulent loan documentation. The Court found intentional evidence destruction, imposed an adverse inference sanction, and granted injunctive relief against enforcement of the fraudulently obtained security interests.
The Court's spoliation analysis and burden-shifting framework could be relevant in trust/estate litigation where document destruction is alleged — particularly in will contests or trustee breach claims involving missing records.
Dispute over an asset purchase agreement with post-closing price adjustments. The Court distinguished between "arbitration" (which has statutory Chancery jurisdiction) and "expert determination" (which does not), dismissing the confirmation petition for lack of subject matter jurisdiction.
Investors in a Delaware e-commerce startup sued the company and its directors/officers for fraud, breach of fiduciary duty, and securities violations. Plaintiffs alleged they received inaccurate financial information in connection with preferred stock and convertible note purchases, and that a director had undisclosed pending securities litigation. The Court resolved motions to dismiss.
The fiduciary duty and disclosure obligation analysis, while in a corporate context, tracks similar principles applicable to trustee disclosure duties. The treatment of what constitutes "material" information may be useful by analogy.
An LLC member sought advancement of legal expenses for defense against claims, relying on the operating agreement's advancement and indemnification provisions. The dispute turned on interpretation of the agreement's "good faith" requirement and scope of covered proceedings.
Operating agreement advancement provisions closely parallel trust instrument indemnification clauses. The Court's interpretation of "good faith" triggers and scope limitations is directly transferable to drafting trustee indemnification provisions.
A products liability claimant sought to nullify the certificate of cancellation of a dissolved LLC, alleging the dissolution improperly avoided liability by failing to reserve assets for claimants. The Court examined whether insurance policies and litigable claims constituted "assets" at the time of dissolution under the Delaware LLC Act.
Relevant for estate plans using LLCs as holding vehicles. The analysis of what constitutes "assets" for dissolution purposes — and the obligation to reserve for known and unknown claimants — parallels estate administration creditor-claim obligations.
Following a remedy opinion finding breach of restrictive covenants, trade secret misappropriation, and breach of fiduciary duty by a former employee, this order addresses the fee application. Employment/corporate opportunity dispute.
Procedural order confirming a final arbitration award of $1,645,180.49 against respondents who failed to appear. Commercial dispute involving petroleum/development businesses.