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Delaware Chancery Court Finds Material Adverse Effect Permitting Buyer to Walk Away from Merger Agreement

USA - October 10 2018 In a first-of-its-kind decision, the Delaware Chancery Court ruled that Fresenius Kabi AG was not required to close its $4.3 billion merger agreement…

Michael Deyong, Jason Rabbitt-Tomita

Delaware Supreme Court Reaffirms Incomplete Disclosures Do Not Qualify for Corwin Business Judgment Rule “Cleansing”

USA - July 20 2018 The Delaware Supreme Court has reversed the Delaware Chancery Court's earlier dismissal of a stockholder challenge to the sale of The Fresh Market…

Michael Deyong

Delaware Supreme Court Confirms All Material Facts Must be Disclosed to Receive Corwin Business Judgment Rule "Cleansing" Effect

United Kingdom - March 1 2018 The Delaware Supreme Court has reversed the Delaware Court of Chancery's earlier dismissal of a stockholder challenge to the sale of Diamond Resorts…

Michael Deyong

Privacy Shield: Recent Developments

European Union, USA - April 10 2017 The Article 29 Working Party has released new procedural documentation concerning complaints under the Privacy Shield scheme, comprising rules of…

Robert Blamires, Steven R. Chabinsky, Tim Hickman