Searching Content indexed under M&A/Private Equity 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
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
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
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
Delaware Update: Chancellor Strine Proposes New Approach To Multijurisdictional Shareholder Litigation
A discussion on the article of Chancellor Leo E. Strine, Jr. of the Delaware Court of Chancery, which argues that place of incorporation should receive prominence in deciding where multijurisdictional shareholder litigation should proceed.
United States
14 Feb 2013
Conflicts Of Interest Continue To Dominate In Recent M&A Litigation
In re Delphi Financial Group Shareholder Litigation is the second Delaware decision in as many weeks eschewing injunctive relief in favor of post-deal remedies in single-bidder transactions.
United States
19 Mar 2012
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