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Ropes & Gray LLP | USA | 19 Sep 2019
The Ropes Recap: Mergers & Acquisitions Law News
FOLLOWING A STRONG YEAR, general consensus at the end of 2018 was that M&A activity in 2019 would slow down, if not come to a screeching halt
Cahill Gordon & Reindel LLP | USA | 23 Aug 2019
The Supreme Court of The State of Delaware Clarifies That Productions of Records to Stockholders Under Section 220 Are Not Subject to a Presumption of Confidentiality
On August 7, 2019, in Tiger v. Boast Apparel, Inc., the Supreme Court of the State of Delaware affirmed the Court of Chancery's order and final
Hunton Andrews Kurth LLP | USA | 22 Aug 2019
Board Oversight: Why Directors Must Care About Caremark
In a recent case, the Delaware Supreme Court reversed the dismissal of a shareholder derivative suit that seeks to hold directors personally liable
K&L Gates | USA | 20 Aug 2019
Shareholder “Appraisal” Action Can Trigger D&O Insurance Coverage, According to Delaware Court
In a significant ruling of first impression, Solera Holdings, Inc. v. XL Specialty Ins. Co. (“Solera”), the Delaware Superior Court recently held that
Shearman & Sterling LLP | USA | 13 Aug 2019
Delaware Supreme Court Clarifies That Section 220 Books And Records Demands Are Not Subject To A Presumption Of Confidentiality
On August 7, 2019, in a decision authored by Justice Gary F. Traynor, the Delaware Supreme Court concluded that books and records produced to a
Jones Day | USA | 12 Aug 2019
Delaware Court Rules Appraisal Action Is A Covered “Securities Claim” Under D&O Policy
The Delaware Superior Court's Solera ruling lends considerable support to corporations seeking D&O insurance coverage for shareholder appraisal
Pasich LLP | USA | 6 Aug 2019
New Decision Confirms D&O Coverage for Appraisal Actions
On July 31, 2019, the Superior Court of the State of Delaware issued a decision addressing coverage under directors and officers liability insuranc
Akerman LLP | USA | 25 Jul 2019
Written Record Required: Documenting Board Oversight of Risk to Avoid Shareholder Claims
With shareholders, regulators, and special interest groups increasingly holding directors accountable for overseeing their companies’ major risks
McKool Smith | USA | 23 Jul 2019
Media Coverage: McKool Smith Secures Insurance Recovery Victory on behalf of Pfizer
On July 23, 2019, McKool Smith secured a significant victory on behalf of Pfizer in the Superior Court of the State of Delaware allowing Pfizer to
Pepper Hamilton LLP | USA | 17 Jul 2019
Delaware Supreme Court Issues Guidance on Board Oversight Responsibilities
A director’s duty to make a good faith effort to oversee the operations and management of a Delaware company is well-established. In a
