25Aug
Chancery Court Looks Past “Sham” Paper Trail to Determine Ownership of Holding Company for Argentina Media Conglomerate
In Carlos Eduardo Lorefice Lynch, et al. v. R Angel Gonzalez Gonzalez, et al., C.A. No. 2019-0356-MTZ (Del. Ch. July 31, 2020), the Delaware Court of Chancery (the “Court”) examined an extensive paper trail purportedly documenting the transfer of majority beneficial ownership in an Argentinian company from a media mogul to his attorney, before holding that the media mogul should nevertheless be deemed the owner of the interest in question, because the documents (i) did not constitute a binding...
By:
K&L Gates LLP
Related
Financial institutions M&A sector trends: stock exchanges/clearing houses — H1 2019 and outlook for...
Read More >
Lessons Learned from Litigation (#4)—The Johns Hopkins Case - This is the twelfth in a series of ...
Read More >
On October 29, 2019, The U.S. Department of Agriculture released its interim final rule for the dome...
Read More >
In 2015, the U.S. Department of Labor introduced a proposed rule which would, in part, double the sa...
Read More >
Employees cannot sue under federal anti-discrimination laws for every perceived slight or workplace ...
Read More >
On December 16, 2019, the Department of the Treasury (Treasury Department) and Internal Revenue Serv...
Read More >