The Delaware Supreme Court opinion in AB Stable VIII LLC v. MAPS Hotels and Resorts One, LLC, et al., No. 71, 2021, (Del. Dec. 8, 2021), considers whether a
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merger
Stockholder Lacks Standing to Seek Inspection After Stock Canceled In Merger
By Chaney Hall on
In Todd Swift v. Houston Wire & Cable Co., C.A. No. 2021-0525-LWW, memo. op. (Del. Ch. Dec. 3, 2021), the Court of Chancery found that a stockholder lacked standing…
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Chancery Denies Reargument of Aruba Appraisal Decision
By Fox Rothschild LLP on
On May 21, 2018, the Delaware Court of Chancery denied Petitioners’ motion for reargument in the Aruba Networks appraisal litigation, styled as Verition Partners Master Fund Ltd. v. Aruba Networks …
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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…
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Business Judgment Standard Applied in Merger Following Corwin Decision
By Fox Rothschild LLP on
In the recent decision of In re Zale Corporation Stockholders Litigation, C.A. No. 9388-VCP (Del. Ch. Oct. 29, 2015), the Court of Chancery reversed its prior decision in…
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Merger Consideration Explained – Section 251 of the DGCL
By Fox Rothschild LLP on
Court Denies Motion to Expedite; Delay Added to Plaintiff’s Burden
By Fox Rothschild LLP on
In the recent decision of Ehlen v. Conceptus, Inc., C.A. No. 8560-VCG (Del. Ch. May 24, 2013), the Court of Chancery ruled on a motion to expedite filed…
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Attorneys’ Fees Awarded in Disclosure Only Settlement
By Fox Rothschild LLP on
In the case of In re: Paetec Holding Corp. Shareholders Litigation, C.A. No. 6771-VCG (Del. Ch. Mar. 19, 2013), the Court of Chancery awarded attorneys’ fees in the…
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Court Reinforces Principle that in Most Circumstances Appraisal is the Exclusive Remedy in Connection With a Short Form Merger
By Sheldon Rennie on
On January 10, 2012, in the case of In Re Appraisal of the Aristotle Corporation, the Delaware Court of Chancery addressed an issue of first impression with respect to…
Continue Reading Court Reinforces Principle that in Most Circumstances Appraisal is the Exclusive Remedy in Connection With a Short Form Merger