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Results 1 to 5 of 9



Antitrust Alert: U.S. DOJ Requires HSR Filing by Activist Investors, Rejecting Claim of "Passive Investment"

USA - April 19 2016 The Department of Justice has filed a lawsuit claiming that two ValueAct Capital funds violated the Hart-Scott-Rodino Act by acquiring over $2.5…

Co-authors: Lizanne Thomas, Michael H. Knight, Bevin M.B. Newman, David P. Wales, Lyle G. Ganske.


Delaware Court of Chancery Invalidates For-Cause Removal Requirement for Unclassified Boards of Directors

USA - February 2 2016 On December 21, 2015, Vice Chancellor Laster of the Delaware Court of Chancery invalidated provisions in a company’s certificate of incorporation and…

Co-authors: Robert S. Faxon, Robert W. Gaffey, Andrew M. Levine, Robert A. Profusek, Lyle G. Ganske.


Delaware update: Supreme Court awards expectation damages for failure to negotiate in good faith

USA - July 9 2013 In a case involving the breach of an express obligation to negotiate a license in good faith based on a preexisting term sheet, the Delaware Supreme…

Co-authors: Michael L. Davitt, William S. Freeman , Robert A. Profusek, Philip Le B. Douglas , Scott Fletcher.


Delaware update: Court of Chancery upholds validity of board-adopted forum selection bylaws

USA - June 28 2013 In a highly anticipated decision, the Delaware Court of Chancery has upheld the validity of board-adopted forum selection bylaws. If upheld on…

Co-authors: William S. Freeman , Robert A. Profusek, Philip Le B. Douglas , Lyle G. Ganske, Scott Fletcher.


Derivative claims dismissed elsewhere cannot be relitigated in Delaware

USA - April 19 2013 Last June, the Delaware Court of Chancery ruled that a shareholder derivative suit could be litigated in Delaware even after an identical claim had…

Co-authors: Michael L. Davitt, William S. Freeman , Robert W. Gaffey, Philip Le B. Douglas , Scott Fletcher.

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