Katherine Henderson

Wilson Sonsini Goodrich & Rosati

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Latest Posts › Fiduciary Duty

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Delaware Court of Chancery Issues Important Decision on Recapitalizations and Dual-Class Structures Involving Controlling...

On December 11, 2017, the Delaware Court of Chancery issued a decision that will be important for companies looking to implement measures to extend or make changes to dual-class voting structures and for companies with...more

12/14/2017 / Controlling Stockholders , Corporate Governance , Dismissals , Fairness Standard , Fiduciary Duty , Recapitalization , Share Classes , Shareholder Litigation , Shareholders

New Delaware Decisions Provide Strong Support for Independent Board Decisions in the Sale of a Company

On December 19, 2014, the Delaware Supreme Court, in C&J Energy Services, Inc. v. City of Miami General Employees' & Sanitation Employees' Retirement Trust, issued a strongly worded decision refusing to enjoin a change of...more

12/24/2014 / Auction , Board of Directors , C&J Energy , Corporate Counsel , En Banc Review , Fiduciary Duty , Injunctions , Merger Agreements , Revlon Standard , Solicitation

Delaware Court of Chancery Finds Financial Advisor Liable for Aiding and Abetting Breaches of Fiduciary Duty

In a much-anticipated, 91-page post-trial opinion issued on March 7, 2014, Vice Chancellor J. Travis Laster of the Delaware Court of Chancery held in In re Rural Metro Corporation Stockholders Litigation that the lead...more

3/14/2014 / Aiding and Abetting , Board of Directors , Breach of Duty , Fiduciary Duty , Professional Liability

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