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
Beginning January 1, 2020, Washington employers in industries including hospitality, retail, securit...
Read More >
In a decision of interest to private equity investors, the Delaware Court of Chancery (the “Court”...
Read More >
In the rapidly growing multi-billion dollar cannabis industry, new developments frequently occur in ...
Read More >
After much anticipation, the United States Department of Labor has issued a final overtime rule that...
Read More >
Whether California’s recently adopted “ABC” test, used in the employee-versus-independent contrac...
Read More >
On Thursday, December 19, the Senate passed two spending bills to fund the government through Septem...
Read More >