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










