18Mar
Delaware Court Of Chancery Holds That A Special Committee Must Be Constituted Ab Initio In Order To Cleanse A Transaction Involving A Conflicted Board Majority
On February 27, 2020, Vice Chancellor Sam Glasscock III denied a motion to dismiss breach of fiduciary duty claims brought by a former stockholder of Intersections, Inc. (the “Company”), challenging the take-private acquisition of the Company....
By:
Shearman & Sterling LLP
Source Url: https://www.jdsupra.com/legalnews/delaware-court-of-chancery-holds-that-a-62183/
Related
Over thirty-five years ago, the NLRB held that an employer may not prohibit a union organizer’s acc...
Read More >
An Ohio appellate court recently found limited-contract teachers employed by a municipal school dist...
Read More >
In this episode, we interview Matthew Maletta, executive vice president and chief legal officer of E...
Read More >
Pittsburgh-based PNC Financial Services Group has reached a deal worth some $11.6 billion to buy the...
Read More >
Many written employment agreements contain automatic renewal provisions that apply at the end of the...
Read More >
Taxpayers typically incur significant transaction costs when undergoing a transaction involving a re...
Read More >