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08Apr

Delaware Chancery Holds Early Committee Appointment Necessary to Cleanse Conflict from Corporate Transactions

In Salladay v. Lev, the Delaware Chancery Court elaborated on how early a corporate board must take protective measures to shield a conflicted transaction from entire fairness review. Salladay involved a motion to dismiss a challenge to a merger...
By: Proskauer - Minding Your Business
Source Url: https://www.jdsupra.com/legalnews/delaware-chancery-holds-early-committee-22576/

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