On March 25, 2009, the Delaware Supreme Court issued an important opinion in Lyondell v. Ryan that reverses a prior Delaware Chancery Court opinion and clarifies when the board’s Revlon duties arise to seek the best price reasonably available to stockholders when selling the company.
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RegisterDelaware Supreme Court sheds more light on Revlon duties in reversing Chancery Court
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USA
May 26 2009
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