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
On September 17, the US Department of the Treasury issued comprehensive proposed regulations to impl...
Read More >
Failing to properly classify an individual as an independent contractor can result in expensive pena...
Read More >
The Southern District of New York granted a motion to compel arbitration of an employment dispute be...
Read More >
California Governor Gavin Newsom has signed into law a major set of restrictions on the actions Cali...
Read More >
Further implementing the Foreign Investment Risk Review Modernization Act of 2018 (“FIRRMA“), the ...
Read More >
1.The National Labor Relations Board (NLRB) General Counsel’s Division of Advice has found an emplo...
Read More >