X
14Oct

Chancery Awards No Damages to Either Party After the Break-Up of the Anthem/Cigna Merger

In re Anthem-Cigna Merger Litigation, C.A. No. 2017-0114- JTL (Del. Ch. August 31, 2020) - This action arose out of a failed merger transaction involving the second and third largest health insurers in the United States, Anthem, Inc. and Cigna Corporation (“the Merger”). The parties had entered into a merger agreement on July 23, 2015 (“Merger Agreement”)....
By: Morris James LLP
Source Url: https://www.jdsupra.com/legalnews/chancery-awards-no-damages-to-either-22342/

Related

Entwarnung bei der Ausnutzung von „planreifen“ Bebauungsplänen i.S.d. § 33 BauGB!

Nach einem aktuellen Urteil des Verwaltungsgerichtshofs Baden-Württemberg war die vorzeitige Ausnutz...

Read More >

Ninth Circuit Decides Not to Rehear Its Decision Requiring Arbitration of ERISA Claims

As we wrote in a previous On the Subject, the Ninth Circuit Court of Appeals had signaled that it mi...

Read More >

District Court Judge Rejects M&A Mootness Fee Settlement As A “Racket” That “Must End”

Seyfarth Synopsis: Following Delaware’s lead in Trulia, an Illinois District Court judge refused to...

Read More >

Precedential Court Ruling on Options Plans for Employees

Several days ago, a precedential judgment was handed down (AA 55937-01-17, Shohat v. The State of Is...

Read More >

FCA Confirms that an Inducement is Taxable as a Restrictive Covenant Payment

Pangaea One Acquisition Holdings XII S.À.R.L. v. The Queen, 2020 FCA 21 - The Federal Court of App...

Read More >

UPDATE: NCAA Flexes Its Muscle In Response To California Fair Pay To Play Act

NCAA President Mark Emmert has predicted that it would become “impossible” for the NCAA to conside...

Read More >