Articles

Results 1 to 5 of 25


Once More Unto the (Material) Breach: Twitter Sues Elon Musk to Enforce Agreement

USA - July 21 2022 On July 12, 2022, Twitter, Inc. sued Elon Musk and certain of his special purpose entity affiliates in the Delaware Court of Chancery, seeking…

Abbe L. Dienstag, Alan R. Friedman, Adi Herman, Daniel Ketani

SEC Approves Nasdaq Rule Changes Aimed at Expanding Boardroom Diversity

USA - August 11 2021 As we have discussed in prior alerts (here and here), expanding boardroom diversity has been a recent focus for many regulators, issuers, shareholders…

Christopher Auguste, Alan R. Friedman, Shari Kahn Krouner, Kerri Ann Law, Todd E. Lenson, Thomas E. Molner, Nolan J. Robinson, Jordan M. Rosenbaum, Terrence L. Shen, George M. Silfen, Steven S. Sparling

Sustained or Transitory? Delaware Court of Chancery Finds No MAE Absent Proof of Durationally Significant Effect on Business

USA - August 3 2021 Prior to the Delaware Court of Chancery’s opinion in Akorn, Inc. v. Fresenius Kabi AG, C.A. No. 2018-0300-JTL, 2018 WL 4719347 (Del. Ch. Oct. 1, 2018)…

Jonathan M. Wagner, Alan R. Friedman, Adi Herman, Arthur H. Aufses III, Daniel Ketani

SEC Charges SPAC and Sponsor for Alleged Misrepresentations in Preliminary Proxy Filing Arising From Due Diligence Failures

USA - July 27 2021 On July 13, 2021, the Securities and Exchange Commission announced partially settled charges against the Special Purpose Acquisition Company Stable…

Jonathan M. Wagner, Christopher Auguste, Alan R. Friedman, Adi Herman, Arthur H. Aufses III, Ilya Kontorovich, Gary P.Naftalis

An Ounce of Prevention: Delaware Court of Chancery Orders Specific Performance in Private Equity Deal Nearly a Year After Deal Collapse

USA - May 24 2021 After a year of expedited litigation, including five days of trial, on April 30, 2021, Chancellor (then Vice Chancellor) Kathaleen McCormick of the…

Jonathan M. Wagner, Alan R. Friedman, Alexander Gelb, Adi Herman, Arthur H. Aufses III, Daniel Ketani