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Fiduciary Duty › Acquisitions

News & Analysis as of May 19, 2013

Bill on Bankruptcy: Why is Kodak's Stock Soaring?

SEC And FBI Try To Ketchup To Heinz Insider Traders

by Jim Burns Jr., Jennifer Liu, Katie Lieberg Stowe | Orrick - Securities Litigation and Regulatory... on 2/26/2013

In the latest development in an SEC lawsuit filed Friday, February 15, U.S. District Judge Rakoff extended a freeze on a Swiss Goldman Sachs account linked to possible insider trading in H.J. Heinz Company call options. The...more

Delaware Chancery Court Dismisses Merger Litigation Suit

by Allison Kernisky | Holland & Knight LLP on 9/10/2012

The Delaware Court of Chancery recently ruled that a company's board of directors is vested with discretion to choose between competing buyout offers — even if the ultimate choice is favorable to the personal interests of the...more

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Fiduciary Duty › Acquisitions

SEC And FBI Try To Ketchup To Heinz Insider Traders

Delaware Chancery Court Dismisses Merger Litigation Suit

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