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Perspective on El Pasodespite finding of liability for general partner, no increased scrutiny of directors and bankers in MLP dropdown situations

USA - May 7 2015 The Delaware Chancery Court recently ruled, in In re El Paso Pipeline Partners, L.P. Derivative Litigation (Apr. 20, 2015), that the general partner...

Abigail Pickering Bomba, Philip Richter, Steven Epstein, Gail Weinstein.

Proposed appraisal statute amendments would permit companies to reduce their interest costlikely to discourage “weaker” appraisal claims and make settlement of “stronger” claims harder

USA - March 23 2015 Proposed amendments to the Delaware appraisal statute announced last week are expected to be adopted by the Delaware Legislature.......

Abigail Pickering Bomba, Philip Richter, Steven Epstein, Gail Weinstein.

Termination fees: possible expanded judicial flexibilityComverge, practice tips, and ideas for structuring

USA - February 2 2015 The Delaware courts’ recent strong trend toward increased deference to the decisions of independent directors, even under the heightened...

Abigail Pickering Bomba, Philip Richter, Steven Epstein, Gail Weinstein.

Key Delaware trend in 2014: increasing deference to directors’ decisionsbut not “anything goes”

USA - January 15 2015 A foundational premise of Delaware jurisprudence has been the courts’ deference to decisions made by independent and disinterested directors...

Abigail Pickering Bomba, Philip Richter, Steven Epstein, Gail Weinstein.

Practice points for a single bidder sale process

USA - January 12 2015 Recent Delaware decisions have emphatically confirmed a trend of increased judicial deference to sale process decisions made by directors without a...

Abigail Pickering Bomba, Philip Richter, Steven Epstein, Gail Weinstein.