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
Source Url: https://www.jdsupra.com/legalnews/chancery-court-clarifies-mfw-69041/
Related
The Situation: The U.S. Department of the Treasury ("Treasury Department") recently issued proposed ...
Read More >
As reported by Trade Secrets Watch last month, several states (including Maryland, Maine, New Hampsh...
Read More >
In 2018, the Supreme Court of California turned much of the established law regarding worker classif...
Read More >
During the end of 2019 and in the past few weeks, New York State and New York City passed legislatio...
Read More >
In early February 2020, the Third Circuit Court of Appeals decided that a Philadelphia ordinance pas...
Read More >
The pressing need for affordable housing in our region is not new, but it has undoubtedly become mor...
Read More >