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Delaware Law Updates - Organovo Holdings, Inc. v. Dimitrov - Court of Chancery Does Not Hold Subject Matter Jurisdiction to Enjoin a “Short And Distort” Scheme Absent Interference with Specific Contractual or Economic Relationships

USA - November 7 2017 In Organovo Holdings, Inc. v. Georgi Dimitrov, C.A. No. 10536-VCL (Del. Ch. June 5, 2017), the Delaware Court of Chancery vacated a default judgment...

Richards, R. Andrew, Daniel J. Brown, Selzer, Christopher A., Michael P. Kelly, Benjamin A. Smyth, Daniel M. Silver, David F. Broderick, Rifino, Matthew, Philip D. Amoa.


Delaware Law Updates: What Is the Fair Value of a Stock? The Delaware Supreme Court Rejects Bright-Line Rule in Favor of the Transaction Price

USA - October 2 2017 The Delaware Supreme Court, sitting en banc, recently reversed and remanded the Court of Chancery’s appraisal decision in DFC Glob. Corp. v. Muirfield...

Richards, R. Andrew, Daniel J. Brown, Selzer, Christopher A., Michael P. Kelly, Hayley J. Reese, Benjamin A. Smyth, Daniel M. Silver, David F. Broderick, Rifino, Matthew, Philip D. Amoa.


Delaware Law Updates - Anti-Reliance Provision in Merger Agreement Justifies Non-Payment of Working Capital Deficiency

USA - September 14 2017 Sparton Corp. v. O’Neil, et al., C.A. No. 12403-VCR (Del. Ch. Aug. 9, 2017) - In this opinion, the Delaware Court of Chancery addressed a situation in...

Richards, R. Andrew, Daniel J. Brown, Selzer, Christopher A., Michael P. Kelly, Hayley J. Reese, Benjamin A. Smyth, David F. Broderick, Rifino, Matthew, Philip D. Amoa.


Delaware Law Updates: 2017 Year to Date Review

USA - August 23 2017 Our Delaware Corporate and Alternative Entity Law attorneys closely follow the opinions coming from Delaware's Supreme Court and Court of Chancery...

Richards, R. Andrew, Daniel J. Brown, Selzer, Christopher A., Michael P. Kelly, Hayley J. Reese, Benjamin A. Smyth, Daniel M. Silver, David F. Broderick, Rifino, Matthew, Philip D. Amoa.


Delaware Law Updates - Delaware Supreme Court Rejects Over Expansive Application Of True-Up Provision In Purchase Agreement

USA - July 21 2017 The Delaware Supreme Court reversed the Court of Chancery’s entry of judgment on the pleadings based on a flawed interpretation of the purchase...

Richards, R. Andrew, Daniel J. Brown, Selzer, Christopher A., Michael P. Kelly, Hayley J. Reese, Benjamin A. Smyth, David F. Broderick, Rifino, Matthew, Philip D. Amoa.