mbarzuza.bsky.social
@mbarzuza.bsky.social
7. As the Wynn Resorts case demonstrates, plaintiff success was driven by incidental circumstances -an internal fight that exposed information about board knowledge of wrongfulness and illegality.
January 13, 2025 at 11:09 AM

5. Nevada courts require plaintiffs to bring particulized facts for "intentional misconduct fraud or knowing violation of law", which show intent, and knowledge of illegality or wrongfulness.

6. Showing these with no inspection rights it close to impossible.
January 13, 2025 at 11:09 AM
2. Nevada's exculpation applies to self dealing-transactions , and breaches of good faith.

3. Nevada replaces Unocal and Revlon with the BJR

4. Nevada provides No inspection rights to shareholders in publicly traded firms
January 13, 2025 at 11:09 AM
1. In contrast to the argument that Nevada and Delaware make different policy choices that strike “different balance”, Nevada's corporate law was shaped by a dominant guiding principle: offering stronger liability protections than the ones offered by Delaware law.
January 13, 2025 at 11:09 AM