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King & Spalding

Garfield v. Boxed

King & Spalding on

SPAC Companies May Need to Evaluate Stock Structure in Wake of Delaware Court of Chancery Ruling - Companies that previously became public by merger with a Special Purpose Acquisition Company (“SPAC”) may need to...more

Bass, Berry & Sims PLC

Chris Lazarini Comments on Application of Manifest Disregard of the Law

Bass, Berry & Sims PLC on

Bass, Berry & Sims attorney Chris Lazarini commented on a case in which a former trader fraudulently purchased $1 billion in Apple shares that ultimately forced the closure of the trader's firm, Rochdale Securities. Rochdale...more

Troutman Pepper

Delaware Legislature Prohibits Fee Shifting and Authorizes Exclusive Forum Selection

Troutman Pepper on

Delaware corporations should evaluate their certificates of incorporation or bylaws in light of new amendments to the Delaware General Corporation Law. On June 24, Delaware Governor Jack Markell signed Senate Bill 75...more

Stinson - Corporate & Securities Law Blog

Court Permits Settlement of Appraisal Demands on Terms Not Available to All Dissenters

Tiny deals can bring large complications. Mannix v. PlasmaNet, Inc. involved appraisal rights in a merger where the merger consideration, after adjustments, amounted to $114,000, to be split amongst 19,307,715 shares, or...more

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