Deferential business judgment rule can apply to going private transactions with controlling stockholders *

USA - June 3 2013
In In Re MFW Shareholders Litigation, Chancellor Strine held that the standard of judicial review applicable to going private mergers with…

Co-authors: Roland Hlawaty, Alan J. Stone.

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NetSpend board in breach of Revlon duties as sale process is determined not to be designed to produce best price *

USA - May 30 2013
In a highly contextual decision on a motion for a preliminary injunction, Vice Chancellor Glasscock recently held in Brenda Koehler v. NetSpend…

Co-authors: Alan J. Stone.

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Delaware Chancery Court denies summary judgment on Revlon claims *

USA - May 15 2013
Recently, in In re Plains Exploration & Production Company Stockholder Litigation1, the Delaware Court of Chancery denied the plaintiffs' request for…

Co-authors: Roland Hlawaty.

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Amendments proposed to the Delaware general corporation law, including an amendment to streamline back-end mergers *

USA - April 11 2013
The Council of the Corporation Law Section of the Delaware State Bar Association recently proposed several key amendments to the Delaware General…

Co-authors: Brian P. Murphy , Alan J. Stone.

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The SEC finally embraces social media as an acceptable channel of communication for Regulation FD purposes *

USA - April 3 2013
Seeking to encourage issuers to use new forms of communication that enhance the flow of information to the investing public, the Securities and…

Co-authors: Roland Hlawaty.

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