In re Massey Energy Company Derivative and Class Action Litigation: Court of Chancery Discusses Valuation of Potential Derivative Claims and Declines to Enjoin Merger
In In re Massey Energy Company Derivative and Class Action Litigation, the Delaware Court of Chancery declined to preliminarily enjoin a merger between Massey Energy Company and Alpha Natural Resources, Inc.
In re Orchid Cellmark Inc. Shareholder Litigation: Court of Chancery Addresses Deal Protections and Adequacy of Disclosures
In In re Orchid Cellmark Inc. Shareholder Litigation, the Delaware Court of Chancery denied plaintiffs' motion to enjoin preliminarily a cash tender offer by Laboratory Corporation of America Holdings, Inc. for all of the shares of Orchid Cellmark Inc. for $2.80 per share under an Agreement and Plan of Merger, dated April 5, 2011.
Krieger v. Wesco Financial Corporation: Court of Chancery Applies Unified Standard of Review to Controlling Stockholder Transaction and Considers Entitlement to Appraisal Rights in Cash/Stock Election Transaction
In Krieger v. Wesco Financial Corporation, the Delaware Court of Chancery denied plaintiff stockholder's motion for a preliminary injunction against a proposed acquisition of Wesco Financial Corporation by Berkshire Hathaway , the holder of 80.1% of the Company's common stock, in which Berkshire sought to acquire the remaining outstanding shares of common stock.
In re Smurfit-Stone Container Corp. Shareholder Litigation: Court of Chancery Considers Applicability of Revlon in Cash/Stock Transaction
In In re Smurfit-Stone Container Corp. Shareholder Litigation, the Delaware Court of Chancery addressed "whether and in what circumstances Revlon applies when merger consideration is split roughly evenly between cash and stock."
2011 Amendments to the General Corporation Law of the State of Delaware
Legislation amending the General Corporation Law of the State of Delaware has been adopted by the Delaware General Assembly and was signed by the Governor of the State of Delaware on July 7, 2011.
The Wheels Are Falling Off the Privilege Bus: What Deal Lawyers Need to Know to Avoid the Crash
Over the last several years, the rise of electronic discovery, the increasing focus of inhouse counsel on business roles, and the increasing complexity of mergers and acquisitions have expanded signifi cantly the volume and type of potentially privileged documents created in connection with mergers and acquisitions.
Fair Summary II: An Update on Delaware’s Disclosure Regime Regarding Fairness Opinions
In this article, we discuss the current state of Delaware’s fiduciary disclosure regime and the developments over the last three years.
2011 Amendments to the General Corporation Law of the State of Delaware
Legislation amending the General Corporation Law of the State of Delaware was adopted by the Delaware General Assembly and was signed by the Governor of the State of Delaware on July 7, 2011.
Delaware Laws & Programs Affecting Business – 2011 Edition
This guide presents an introduction to Delaware and an overview of the laws and programs relating to doing business in the State.
A Step Toward Equality in Estate Planning
Delaware Adds to its Jurisdictional Advantages for Asset Protection and Estate Planning Opportunities for Same-Sex Couples.