28 Jul, 2016 Majority of Fully-Informed, Disinterested Stockholders Insulated Merger from Attack By Albert H. Manwaring IV The Delaware Supreme Court held in Corwin v. KKR Financial Holdings, that "when a transaction not subject to the entire fairness standard...
27 Jul, 2016 Majority of Fully-Informed, Disinterested Stockholders Insulated Merger from Attack By Albert H. Manwaring IV Transaction Advisors and Delaware Business Court Insider The Delaware Supreme Court held in Corwin v. KKR Financial Holdings, that "when...
20 Jul, 2016 Arbitrator to Decide Arbitrability of Breach of Fiduciary Duty Claim By Morris James LLP In Angus v. Ajio, C.A. No. 11895-VCG (Del. Ch. May 13, 2016), the plaintiffs sought to enjoin an arbitration initiated against them as...
13 Jul, 2016 Court Tackles Nonmember Appointed as a Special Litigation Committee By Morris James LLP It is often said that Delaware limited liability companies are creatures of contract. Drafters of LLC agreements have the freedom to...
11 Jul, 2016 Court of Chancery Dismisses Previously Dismissed Case By Albert J. Carroll Laborers’ District Counsel Construction Industry Pension Fund v. Bensoussan, C.A. 11293-CB (June 14, 2016) What happens when a derivative...
11 Jul, 2016 Court O=of Chancery Applies Business Judgment Rule After Majority Tender Shares By Albert J. Carroll In Re Volcano Corp. Stockholder Litigation, C.A. 10485-VCMR (June 30, 2016) In what might be one of the most important decisions this...
08 Jul, 2016 Court Of Chancery Explains Difficult Valuation Techniques By Morris James LLP In Re Appraisal Of DFC Global Corp., Consol. C.A. 10107-CB (July 8, 2016) This decision deals with the always difficult world of what...
07 Jul, 2016 Court of Chancery Explains How To Apply Multiple Advancement Rights By Albert J. Carroll Narayanan v. Sutherland Global Holdings Inc., C.A. 11757-VCMR (July 5, 2016) This detailed decision explains how to interpret multiple...
06 Jul, 2016 Chancery Declines to Require Buyer to Complete Merger Transaction By Lewis H. Lazarus Delaware Business Court Insider Parties who at the signing of a merger agreement are eager to close may have a change of heart if...