X
03Jul

M&A Watch — Caremark Unfrozen: Delaware Supreme Court Revisits Oversight Claims

The Delaware Supreme Court recently took the opportunity to revisit Caremark with its en banc decision in Marchand v. Barnhill, No. 533, 2018 (Del. June 19, 2019). In Marchand, the Court reversed the dismissal of a stockholder derivative suit and...
By: Shearman & Sterling LLP
Source Url: https://www.jdsupra.com/legalnews/m-a-watch-caremark-unfrozen-delaware-28836/

Related

DOL Rule Makes 1.3 Million Workers Eligible for Overtime Pay

On September 24, 2019, the U.S. Department of Labor (DOL) announced a final rule, effective January ...

Read More >

SEC Improves Financial Disclosure Requirements for Acquisitions and Dispositions

On May 21, 2020, the Securities and Exchange Commission ("SEC") adopted amendments to its financial ...

Read More >

Planning for and Negotiating Mergers & Acquisitions In Light of COVID-19

Whether your company is at the outset of exploring a potential M&A transaction or in the days leadin...

Read More >

Weekly IRS Roundup August 19 – 23, 2019

Presented below is our summary of significant Internal Revenue Service (IRS) guidance and relevant t...

Read More >

Court Finds Implied Wrongful Discharge Cause of Action Under PA Medical Marijuana Act

In a recent decision, a Pennsylvania county court ruled that the state’s Medical Marijuana Act crea...

Read More >

Sun Capital Prevails in Long-Running ERISA Liability Dispute, But Pension Risks Remain for Private Equity Funds

Eleven years after its portfolio company’s bankruptcy triggered a multiemployer pension plan’s dem...

Read More >