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Delaware Court of Chancery applies business judgment rule to going-private transaction

USA - October 24 2013 The Delaware Court of Chancery continues to find that the business judgment rule, rather than the more onerous entire fairness standard review, has…

Daniel A. Etna.

SEC launches market structure data and analysis website

USA - October 24 2013 The Securities and Exchange Commission (the "SEC") launched a new website to provide investors and others with the ability to interactively explore a…

Daniel A. Etna.

New Jersey Supreme Court requires written settlement agreements

USA - October 24 2013 The New Jersey Supreme Court declared that a settlement reached at mediation, but not reduced to writing prior to the conclusion of the mediation, is…

Daniel A. Etna.

Delaware Chancery Court finds "weak" fairness opinion does not doom merger

USA - October 24 2013 The Delaware Chancery Court ruled that a target company's directors did not breach their fiduciary duties in connection with a merger transaction…

Daniel A. Etna.

Delaware Supreme Court affirms use of non-legal experts to resolve earn-out disputes

USA - October 24 2013 The Delaware Supreme Court affirmed a Delaware Chancery Court decision addressing the use of experts to resolve post-closing disputes with respect to…

Daniel A. Etna.