Searching Content indexed under Litigation, Mediation & Arbitration by Richard Brand ordered by Published Date Descending.
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Delaware Court Of Chancery Finds Director Breaches Of Fiduciary Duty And Aiding And Abetting Liability For Activist Investor In Shareholder Class Action Suit
On October 16, 2018, Vice Chancellor J. Travis Laster of the Delaware Court of Chancery issued a post-trial opinion in In re PLX Technology Inc. Stockholder Litigation, a dispute arising from the August 2014 merger...
United States
22 Nov 2018
M&A Update: The Importance Of A High-Quality Sales Process In Determining The Outcome Of An Appraisal Proceeding
Two recent decisions by the Delaware Court of Chancery underscore that the outcome of an appraisal proceeding often will turn on the quality of a company's sale process.
United States
14 Aug 2018
M&A Update: Delaware Court Of Chancery Enforces Oral Agreement To Settle Proxy Contest
In a December 8th decision (Sarissa Capital Domestic Fund LP, et. al. v. Innoviva, Inc.), the Delaware Court of Chancery ruled in favor of Sarissa Capital Domestic Fund LP and certain of its affiliates in concluding that Sarissa and Innoviva, Inc. entered into a binding, oral agreement to settle a proxy contest prior to Innoviva's 2017 annual meeting of shareholders.
United States
3 Jan 2018
Delaware Court Finds Dole Executives Personally Liable For Millions In Damages For Defrauding Stockholders In Buy-Out And Undermining Special Committee Process
In its August 27th post-trial opinion, In re Dole Food Co., Inc. Stockholder Litigation, the Delaware Chancery Court held Dole executives David Murdock and Michael Carter personally liable for $148 million in damages.
United States
7 Sep 2015
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