This Week in Chancery Court: Pirate Shipwreck Explorer on Trial

Attorneys for undersea explorer Barry Clifford have admitted that his operations managing artifacts from the Whydah Gally pirate shipwreck weren’t always a model for corporate governance.

Whether that lack of administrative rigor constituted a breach of Clifford’s fiduciary duty is the subject of a trial this week in the Delaware Court of Chancery.

Here’s a look at more from this week’s court calendar:

Monday: Buddenhagen v. Clifford, Del. Ch., No. 2019-0258, trial begins 2/6/23.

At issue: Clifford faces trial over claims that he and his late partner at Maritime Explorations Inc. manipulated a 2018 merger of their various entities ...