Vice Chancellor J. Travis Laster’s recent opinion in In re: Dynamk Fund Advisors LLC, C.A. No. 2026-0002-JTL (Del. Ch. May 20, 2026) sits at the intersection of LLC dissolution claims, arbitration awards, and antisuit provisions. The court granted the respondent’s motion to dismiss, but not on the ground the respondent led with. The LLC
Vice Chancellor Laster
YWCA of Rochester v. Hatteras Funds: Court of Chancery Denies Rule 23.1 Motion, Clarifies Double-Derivative Standing for Feeder Fund Investors
By Carl D. Neff on
In a detailed, 55-page opinion issued on March 31, 2026, Vice Chancellor Laster denied the defendants’ motion to dismiss a derivative action challenging a disastrous asset sale by the Hatteras Master Fund. In Young Women’s Christian Association of Rochester and Monroe County v. Hatteras Funds, LP, et al., C.A. No. 2024-1264-JTL (Del. Ch. Mar.