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Stockholder Lacks Standing to Seek Inspection After Stock Canceled In Merger

In Todd Swift v. Houston Wire & Cable Co., C.A. No. 2021-0525-LWW, memo. op. (Del. Ch. Dec. 3, 2021), the Court of Chancery found that a stockholder lacked standing to seek inspection of books and records under 8 Del. C. ยง...more

DE Court Of Chancery Weighs Terminating M&A Deals Under Material Adverse Effect Clauses

The COVID-19 pandemic has shaken M&A transactions. Companies that entered into deal negotiations many months ago could never have anticipated that COVID-19 would impact the global economy in profound ways. In light of the...more

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