07Jul
Delaware Supreme Court Reverses Dismissal Of Merger-Related Breach Of Fiduciary Duty Claims Regarding Allegedly Undisclosed Conflict Of Interest
On June 30, 2020, in an en banc opinion authored by Justice Karen L. Valihura, the Supreme Court of Delaware reversed the Delaware Court of Chancery’s dismissal of a stockholder lawsuit arising out of the merger between Towers Watson & Co. (“Towers”) and Willis Group Holdings Public Limited Company (“Willis”). City of Fort Myers Gen. Emps.’ Pension Fund v. Haley, C.A. 2018-0132-KSJM (Del. June 30, 2020). As we discussed in our prior post, plaintiffs, who had been stockholders of Towers, alleged...
By:
Shearman & Sterling LLP
Related
In the first post-Epic Systems decision regarding arbitration agreements, the NLRB has underscored j...
Read More >
Welcome to the newest addition to the Compliance Podcast Network, Compliance and Coronavirus. In thi...
Read More >
In a pair of significant year-end rulings, the National Labor Relations Board overturned two Obama-e...
Read More >
Following the ruling of the Supreme Court on 17 July 2019, the Paris Court of Appeal, by a judgment ...
Read More >
On September 28, 2019, the Treasury Inspector General for Tax Administration (TIGTA) issued a report...
Read More >
Of all the challenges an entrepreneur will face during the life cycle of a venture, one of the most ...
Read More >