X
21Jul

Delaware Court Of Chancery Dismisses Post-Merger Stockholder Challenge To Executive Incentive Compensation Stock Awards

On June 26, 2020, Chancellor Andre G. Bouchard of the Delaware Court of Chancery dismissed breach of fiduciary duty claims brought against former officers and directors of Twenty-First Century Fox, Inc. (“Old Fox”) in connection with a transaction in which it spun off part of its business into a new public company, Fox Corporation (“New Fox”), and sold the rest of its business to The Walt Disney Company in a merger (the “Transaction”). Brokerage Jamie Goldenberg Komen Rev Tru U/A 06/10/08 Jaime...
By: Shearman & Sterling LLP
Source Url: https://www.jdsupra.com/legalnews/delaware-court-of-chancery-dismisses-95040/

Related

How Old Are You, Job Seeker? Connecticut Legislators to Introduce Bill Banning the Question

Next month, Connecticut legislators from across the political spectrum are set to formally introduce...

Read More >

Guidance for Owners and Contractors with Construction Projects in Oregon in Light of the Statewide “Stay Home” Order

On March 23, 2020, Oregon Governor Kate Brown issued Executive Order No. 20-12 directing Oregonians ...

Read More >

Emergency Rule – Rhode Island Contractors’ Registration and Licensing Board (CRLB)

An emergency rule of Rhode Island CRLB went into effect this morning “in response to the State of E...

Read More >

EEOC Sues Sikorsky Global Helicopters for Racial Discrimination, Harassment and Retaliation

Helicopter Maker Racially Harassed Workers, Federal Agency Charged - PHILADELPHIA -- Sikorsky Glob...

Read More >

Antitrust in focus

This newsletter is our take on the antitrust developments we think are most interesting to your busi...

Read More >

Japan, the Land of the Rising Sun, and Interest in Israeli Hi-Tech Companies

2014 was a good year for the Israeli-Japanese economic relationship. Viber’s USD 900 million acquis...

Read More >