Proposed Delaware legislation facilities use of tender offers in merger transactions *

USA - April 26 2013
The Delaware State Bar Association has proposed legislation amending the merger provisions of Section 251 of the Delaware General Corporation Law to…

Co-authors: Irwin Kishner.

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Delaware Court of Chancery imposes extreme remedy for failure to produce books and records in Delaware *

USA - April 26 2013
A Delaware Court of Chancery decision highlights the importance of complying with the books and records requirements imposed by Section 220 of the…

Co-authors: Irwin Kishner.

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Deal protection measures found to not impermissibly lock-up transaction *

USA - April 26 2013
The Delaware Court of Chancery found that potential topping offers for a target company were not precluded by the presence of standstill provisions…

Co-authors: Irwin Kishner.

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Federal court upholds authority of president to unwind foreign investments *

USA - April 26 2013
As reported in our October 2012 Corporate Alert, President Obama, following a recommendation of the Committee on Foreign Investment in the United…

Co-authors: Irwin Kishner.

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SEC staff provides guidance on unregistered broker-dealer online crowdsourcing platforms *

USA - April 26 2013
The SEC staff has issued two no-action letters providing relief from the broker-dealer registration requirements of the Securities Exchange Act of…

Co-authors: Irwin Kishner.

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