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Surviving Entity

Delaware Chancery Requires Payment of Merger Consideration to Dissenting Stockholder After Expiration of Appraisal Period

by Katten Muchin Rosenman LLP on

The Delaware Court of Chancery recently dismissed corporate mismanagement and breach of fiduciary duty claims filed by a dissenting stockholder, but ordered that the surviving corporation in a merger was required to pay the...more

New Connecticut Noncompetition Requirements for Employees of Surviving Entity of Mergers and Acquisitions

by Burns & Levinson LLP on

On June 24, 2013, Connecticut Governor Dannel Malloy signed a new law to become effective on October 1, 2013, that imposes additional requirements for noncompete agreements in Connecticut. Public Act No. 13-309, broadly...more

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