Shearman & Sterling LLP | USA | 27 Nov 2018
On September 5, 2018, Judge Marie Weiner of California Superior Court, San Mateo County, granted defendants’ motion to stay a putative class action…
Mintz | USA | 1 Oct 2018
As we previously noted in this post, the United States District Court for the Northern District of California dismissed the Volkswagen Bondholder…
Orrick, Herrington & Sutcliffe LLP | USA | 30 Oct 2012
Last Friday, Judge Kleinberg of the California Superior Court, County of Santa Clara, dismissed two shareholder class actions against the former directors of Actel Corporation and Applied Signal Technology, Inc. for breach of fiduciary duties arising out of the sales of Actel and Applied Signal to third-party buyers.
Allen Matkins Leck Gamble Mallory & Natsis LLP | USA | 19 Apr 2011
Many out-of-state practitioners are surprised to learn that California has special statutory provisions governing a merger when a constituent corporation (Section 161) or its parent (Section 175) owns, directly or indirectly, more than 50% of the voting power (Section 194.5) of the other constituent corporation prior to the merger.
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