Stay informed on compliance updates
EBP Lifestyle Brands Holdings, Inc. v. Boulbain, C.A. No. 2017-0269 (decided 8/4/17). The Delaware Chancery Court held that a California resident was not transacting business in Delaware, for the purposes of the long arm statute, by entering into a stockholders’ agreement with a Delaware corporation or by being an executive in companies whose products reached Delaware. The failure to demonstrate sufficient minimum contacts mandated the conclusion that exercising personal jurisdiction over the defendant would violate due process.