01Oct
Chancery Court Clarifies MFW Protections Must be Implemented Prior to Any Substantive Economic Negotiations
In In re HomeFed Corporation Stockholder Litigation, C.A. No. 2019-0592-AGB (Del. Ch. July 13, 2020), the Delaware Court of Chancery (the “Court”) found that the controlling stockholder of HomeFed Corporation undertook substantive economic negotiations with its minority stockholders in connection with a proposed squeeze-out merger transaction prior to implementing the procedural protections set forth in Kahn v. M&F Worldwide Corp. (“MFW”)....
By:
K&L Gates LLP
Related
President Joe Biden issued on January 25 an Executive Order on Ensuring the Future Is Made in All of...
Read More >
Concluding that TWC Dealer Group, Inc.’s arbitration agreements were both procedurally and substant...
Read More >
Amendments to Concept of Industrial Accidents to Cover “Temporary” Injuries - New Legislation Ena...
Read More >
Davidow v. LRN Corp., C.A. No. 2019-0150-MTZ (Del. Ch. Feb. 25, 2020). Delaware law does not invoke ...
Read More >
The amended Conveyancing (Sale of Land) Act and Conveyancing (Sale of Land) Regulation have raised t...
Read More >
On December 8, 2020, a federal court in Pennsylvania rejected a challenge by the Federal Trade Commi...
Read More >