With the rise in inflation and downturn in economies, spin-offs have become an increasingly popular method of unlocking shareholder value in a down market. Often, the ability to obtain tax-free treatment in the U.S. for the...more
Vice Chancellor Laster Extends This Fiduciary Duty, Previously Recognized only as to Corporate Directors -
On January 25, 2023, the Delaware Court of Chancery answered an important question of officer liability, holding...more
1/31/2023
/ Class Action ,
Compliance ,
Corporate Misconduct ,
Corporate Officers ,
DE Supreme Court ,
Delaware ,
Derivatives ,
Duty of Loyalty ,
Duty of Oversight ,
Fiduciary Duty ,
Harassment ,
Motion to Dismiss ,
Shareholders
On November 30, 2020, parties to legacy LIBOR contracts breathed a collective sigh of relief as LIBOR’s administrator Intercontinental Exchange, Inc. (“ICE”) announced that US Dollar LIBOR would continue to be published until...more
2/18/2021
/ Adjustable-Rate Mortgage ,
Alternative Reference Rates Committee (ARRC) ,
Class Action ,
Enforcement Actions ,
EU ,
HELOC ,
Interest Rates ,
ISDA ,
Libor ,
Secured Overnight Funding Rate (SOFR) ,
Securities and Exchange Commission (SEC) ,
Shareholders ,
UK