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Results 1 to 5 of 18

New York Adopts Delaware Standard for Going-Private Transactions

USA - May 6 2016 On May 5, 2016, the New York Court of Appeals affirmed the dismissal of a shareholder class action and formally adopted the standard of review for…

Co-authors: David R. Kolker, Ryan M. Philp.

Two Recent Delaware Decisions Further Illustrate The Scope Of Section 220 Discovery

USA - February 25 2016 Two recent Delaware Court of Chancery decisions demonstrate that narrow statutory standards continue to govern access to corporate books and records…

Co-authors: Ryan M. Philp.

Delaware Court holds interested directors liable for "fairer price" in going private transaction

USA - September 8 2015 In one of the largest ever M&A-related recoveries for shareholders, Vice Chancellor J. Travis Laster ordered Dole Food Company, Inc.'s Chairman and…

Co-authors: Benjamin Z. Koblentz, Ryan M. Philp.

Delaware Supreme Court clarifies pleading standard for claims against independent directors

USA - May 15 2015 Yesterday, in In re Cornerstone Therapeutics, Inc. Stockholder Litigation, the Supreme Court of Delaware held that plaintiffs seeking monetary…

Co-authors: Ryan M. Philp, Laura Prebeck Hhang.

Supreme Court clarifies standard for holding issuers liable under the Securities Act of 1933

USA - March 25 2015 In a highly-watched securities law decision, the United States Supreme Court yesterday ruled unanimously that opinion statements in public securities…

Co-authors: Ryan M. Philp.

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