Mahyar Amirsaleh, Plaintiff-Below, Appellant v. Board of Trade of the City of New York, Inc., and Intercontinental…

Summary

The Supreme Court of Delaware held that the defendants waived the contractual deadline for submitting an election form and did not validly retract that waiver. Because the defendants imposed a later deadline without giving reasonable notice, the plaintiff's election form was timely and had to be honored. The court reversed the Court of Chancery's judgment and remanded for further proceedings.