United States Third Circuit

In a suit against corporate directors and officer for breaches of fiduciary duties, dismissal of plaintiff's claims is reversed where the district court erred when it applied Delaware's stricter Chancery Rule 8 pleading standard, which does not apply in federal court.

Appellate Information

• Argued 06/29/2005
• Decided 08/03/2005
• Published 08/03/2005

Judges

• Before NYGAARD, SMITH, and FISHER, Circuit Judges.

Court

• United States Third Circuit

Counsel

• For Appellant:
  
• John L. Reed (argued), Matt Neiderman, Duane Morris LLP, Wilmington, Delaware, John J. Soroko, Duane Morris LLP, Diane E. Vuocolo, Philadelphia, Pennsylvania, for Appellants.


• For Appellees:
  
• Bruce E. Jameson (argued), Prickett, Jones & Elliott, P.A., Wilmington, Delaware, Robert M. Kaplan, Robson Ferber Frost Chan & Essner LLP, New York, New York, Rodney M. Zerbe, Dechert LLP, New York, New York, P. Gregory Schwed, Loeb & Loeb, New York, New York, for Appellees.