In the recent decision of Morrison v. Berry, No. 445, 2017 (Del. July 9, 2018), the Delaware Supreme Court issued an opinion of import in connection with the Corwin
Continue Reading “Partial and Elliptical Disclosures” Prevent the Application of Corwin Business Judgment Review
Corwin
Business Judgment Rule Applied When Disinterested Majority Approved Merger In Fully-Informed and Uncoerced Vote
By Fox Rothschild LLP on
As set forth in the Delaware Supreme Court decision of Corwin v. KKR Fin. Holdings LLC, 125 A.3d 304 (Del., 2015), a board’s decision to approve a merger…
Continue Reading Business Judgment Rule Applied When Disinterested Majority Approved Merger In Fully-Informed and Uncoerced Vote
Corwin Opinion Applies Business Judgment Standard of Review to Merger Transaction Approved by Informed, Disinterested Stockholders
By Fox Rothschild LLP on
The Delaware Supreme Court in Corwin v. KKR Financial Holdings LLC, No. 629, 2014 (Del. Oct. 2, 2015), has recently issued an opinion of substantial import in connection…
Continue Reading Corwin Opinion Applies Business Judgment Standard of Review to Merger Transaction Approved by Informed, Disinterested Stockholders