X
04Mar

Delaware Court Of Chancery Denies Motion To Dismiss Claims Regarding Squeeze-Out Merger Because Special Committee Members Were Allegedly "Interested"

On February 26, 2020, Chancellor Andre G. Bouchard of the Delaware Court of Chancery denied a motion to dismiss breach of fiduciary duty claims brought by former shareholders of AmTrust, Inc., challenging the take-private buyout of the company by its...
By: Shearman & Sterling LLP
Source Url: https://www.jdsupra.com/legalnews/delaware-court-of-chancery-denies-63155/

Related

Citing COVID-19 Concerns, FTC Suspends Early Termination and Temporarily Institutes E-Filing System

In light of the developing COVID-19 pandemic, the Federal Trade Commission’s Premerger Notification...

Read More >

Not All Debts Are Created Equal - Construction and Procurement Law News, Q3 2019

Alabama’s materialman’s lien statute (specifically, Ala. Code § 35-11-211) was drafted with the in...

Read More >

First Circuit Appeals Court Reverses Finding of Controlled Group Pension Liability Due to ‘Partnership in Fact’

The US Court of Appeals for the First Circuit recently reversed a prior decision of the US District ...

Read More >

Chancery Declines to Order Specific Performance of $5.8 Billion Luxury Hotel Deal Scuttled by COVID-19 Changes to Hotel Business Operations

AB Stable VIII LLC v. MAPS Hotels and Resorts One LLC, C.A. No. 2020-0310-JTL (Del. Ch. Nov. 30, 202...

Read More >

Maximizing Brand Value During a Merger or Acquisition

During a merger or an acquisition, businesses have a lot to focus on. Amid negotiations, regulatory ...

Read More >

Why The CSL's Application To The Sale Of LLC Membership Interests May Be Unknown And Unknowable At The Time Of Sale

The California Corporate Securities Law of 1968, like the federal Securities Act of 1933 and Securit...

Read More >