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.
Register now for your free, tailored, daily legal newsfeed service.
Questions? Please contact [email protected]
RegisterDelaware Supreme Court sheds more light on Revlon duties in reversing Chancery Court
To view this article you need a PDF viewer such as Adobe Reader.
USA
May 26 2009
Content is provided for educational and informational purposes only and is not intended and should not be construed as legal advice. This may qualify as "Attorney Advertising" requiring notice in some jurisdictions. Prior results do not guarantee similar outcomes. For more information, please visit: www.bakermckenzie.com/en/client-resource-disclaimer.
Popular articles from this firm
If you would like to learn how Lexology can drive your content marketing strategy forward, please email [email protected].
