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When One Share Does Not Mean One Vote: The Fight Against Dual-Class Capital Structures

USA - May 22 2018 Over the past decade, companies have increasingly adopted "dual-class" capital structures, which concentrate control in a small group of company…

Julia Johnson, Jonathan Uslaner

The Shifting Meaning of "Fair Value"

USA - May 15 2018 On December 14, 2017, the Delaware Supreme Court reversed and remanded the Court of Chancery's appraisal determination in Dell et al. V. Magnetar…

C.J. Orrico, Alla Zayenchik

CalPERS's Shareholder Litigation Stops IAC/InterActiveCorp Attempt to Entrench Management Control with Multi-Class Stock Structure

USA - June 29 2017 Last Friday, litigation by the California Public Employees' Retirement System against IAC/InterActiveCorp and its chairman, Barry Diller, achieved a…

Blair A. Nicholas