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Does the standstill remain after the train leaves?

Borden Ladner Gervais LLP

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Canada December 14 2012

On November 27, 2012, the Court of Chancery of the State of Delaware in In re Complete Genomics, Inc. Shareholder Litigation,1 issued a bench ruling enjoining Complete Genomics, Inc. (“Genomics”) which was engaged with a merger with BGI-Shenzhen (“BGI”) from enforcing a “Don’t Ask, Don’t Waive” standstill agreement given by a third-party bidder in the auction leading to the merger with BGI.

To view all formatting for this article (eg, tables, footnotes), please access the original here.
Borden Ladner Gervais LLP - Katherine Schuck, Alfred L.J. Page and Gordon G. Raman

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