Hendy Posner

Client Alerts

Delaware Court of Chancery Upholds Removal of “Imperious” CEO Under DGCL Section 225

On April 20, 2026, Vice Chancellor J. Travis Laster issued a post-trial opinion in DSM HoldCo, Inc. v. Demoulas, C.A. No. 2025-1020-JTL (Del. Ch. Apr. 20, 2026), an action brought under 8 Del. C. § 225(a) by the parent holding company (the “Company”) of the Market Basket grocery chain, its operating subsidiary Demoulas Super Markets, Inc., and three independent directors—Jay K. Hachigian, Steven J. Collins, and Michael Keyes (the “Current Directors”)—against Arthur T. Demoulas (“Demoulas”), the Company’s longtime President and CEO.

May 18, 2026

May 18, 2026 • 10-minute read

Client Alerts

“Call Us Before We Call You”: SDNY Creates New Individual Self-Disclosure Program

On January 10, 2024, the United States Attorney’s Office for the Southern District of New York (“SDNY”) introduced the SDNY Whistleblower Pilot Program (“Pilot Program”), aimed at encouraging individuals to disclose information about specific criminal offenses, particularly urging them to do so early and voluntarily. In return for their cooperation, SDNY will enter into a non-prosecution agreement (“NPA”) if certain conditions are met.

February 9, 2024 • A version of this insight was published by Pratt’s Government Contracting Law Report, May 2024

February 9, 2024 • 5-minute read