The VC Litigation Docket

This week: control, exercised — a controller who blocked his board and answered for the deal that followed, minority holders whose vetoes could make them controllers, a deadlock broken by dilution, and the appraisal waiver upheld.

This week: the price of process — the Cloudflare recapitalization argued and awaiting decision, a fund's cross-portfolio conflict, two venture-backed rivals in federal court, and the decision holding that a fair price does not by itself establish entire fairness.

This week: governance by agreement — the Moelis arc and what it means for investor rights, the Supreme Court's controller-transaction roadmap, the safe harbors' transition rule, and the enforcement path for advancement.

This week: the investor's own vehicle — a Supreme Court decision on SPV-manager conduct, the next phase of a cross-border fund fight, a handshake deal tested on appeal, and redemption rights and duties to common stockholders.

This week: the limits of structure — a closely watched trial verdict, two Chancery decisions enforcing LLC governance as written, a covenant not to sue tested, and the doctrine of control without a majority.

This week: the fund itself in the dock — a fight over who owns a track record, a fund leader's contested exit, a contested board-removal right, the canonical exit ruling, and Delaware's new statutory framework for controller transactions.

This week's theme: financing structure as the battleground — a recapitalization challenge argued and awaiting decision, a derivative suit's committee ruling, a fund-marketing enforcement action, and a decision on dilutive inside rounds.

Welcome to the first issue. Each week: a lead matter, docket entries, a significant written ruling, and a doctrinal question — selected for structural significance, not recency, and described without taking sides.