22Oct
Delaware Court Of Chancery Applies Entire Fairness Standard To Breach Of Fiduciary Duty Claim Arising From Asset Sale That Benefited Senior Preferred Unitholder
On October 11, 2019, Vice Chancellor Kathaleen S. McCormick of the Delaware Court of Chancery dismissed all but one claim arising out of an asset sale by Pro Performance Sports, LLC (“Pro Performance”) to private equity firm Implus Footcare LLC...
By:
Shearman & Sterling LLP
Related
On October 15, 2020, the US Securities and Exchange Commission (SEC) issued a cease and desist order...
Read More >
Disrupting the Disruptor: How a Prepared and Proactive Owner Can Mitigate the Effects of Coronavirus...
Read More >
Recently, the Massachusetts Department of Revenue (DOR) released guidance on how to report wages pai...
Read More >
New U.S. Treasury rules expanding the jurisdiction of the Committee on Foreign Investment in the Uni...
Read More >
The signing of the Further Consolidated Appropriations Act, 2020 (Act) at the close of 2019 affected...
Read More >
The CARES Act bring changes to the net operating loss rules that may impact completed and future cor...
Read More >