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Court of Chancery Explains Basis to Expedite

In Re TriQuint Semiconductor Inc. Stockholder Litigation, C.A. No. 9415-VCN (June 13, 2014)

This decision explains when the Court of Chancery will expedite an action attacking a proposed merger.  At least a colorable claim must be alleged and in particular a showing of some disqualification on the part of the directors who approved the merger is almost a prerequisite.

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blog, complex commercial litigation, corporate counseling & litigation