CRA was engaged by an independent cellular phone development company to evaluate and quantify a claim for damages stemming from an alleged breach of contract and misappropriation of certain trade secrets related to cellular phone software and design. Although the product at issue never launched, CRA was able to convincingly support a lost profits claim in the tens of millions of dollars representing actual loss to the plaintiff. The factual foundation underpinning the CRA analysis contributed to a successful settlement stemming from mediation.
Were shareholders harmed by Senate Bill 21’s amendments to the Delaware General Corporation Law?
Delaware Governor Meyer signed into law Senate Bill 21 (SB21) in March 2025, updating Delaware’s corporate law, with some of the key provisions including safe...