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Searching Content indexed under Trials & Appeals & Compensation by Robert S. Faxon ordered by Published Date Descending.
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Delaware Supreme Court Endorses Deal Price In Statutory Appraisal Action
The decision makes clear that deal price is an appropriate indicator of fair value even where there is only one bidder.
United States
10 May 2019
2
Delaware Supreme Court Affirms Landmark MAE Ruling
The Delaware Supreme Court upholds a lower court's decision to allow Fresenius to sever its merger agreement with Akorn.
United States
20 Dec 2018
3
Delaware Court Of Chancery Finds Breach Of Fiduciary Duty In Activist-Induced Sale
A Delaware court recently found that a board breached its fiduciary duties by bowing to activist pressure and engaging in a sale rather than continuing the business as a going concern.
United States
1 Nov 2018
4
Delaware Chancery Court Finally Finds An MAE
The Situation: In a significant decision, a Delaware court found that a target company has suffered a material adverse effect ("MAE"), allowing a would-be buyer to abandon an announced merger.
United States
10 Oct 2018
5
Delaware Court Of Chancery Invalidates For-Cause Removal Requirement For Unclassified Boards Of Directors
Vice Chancellor Laster of the Delaware Court of Chancery invalidated provisions in a company's certificate of incorporation and bylaws that purported to limit the ability of stockholders to remove directors without cause.
United States
3 Feb 2016
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