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Delaware court considers business judgment rule in light of current market challenges
  • Stikeman Elliott LLP
  • USA
  • March 27 2009

The Delaware Court of Chancery recently released its Opinion in the case of In re Citigroup Inc.

Delaware court won't stop shareholder meeting to approve merger from going ahead, holding that disclosure issues cited were not material
  • Stikeman Elliott LLP
  • USA
  • October 22 2008

Unless unhappy shareholders make a really strong case, Delaware courts appear reluctant to issue injunctive relief against proposed transactions in a weak M&A market.