This update is designed to highlight selected important M&A, corporate and commercial court decisions on a quarterly basis. Brief summaries of each decision appear below with links to more robust discussions.
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In a recent decision, the Delaware Court of Chancery granted a motion to dismiss a complaint asserting breach of fiduciary duty claims arising out of a stock issuance proposed by a controlling stockholder. IRA Trust f/b/o...more
12/28/2017
/ Breach of Duty ,
Business Judgment Rule ,
Business Litigation ,
Class Action ,
Controlling Stockholders ,
Entire Fairness Standard ,
Fiduciary Duty ,
MFW ,
Recapitalization ,
Standard of Review ,
Stock Issuance ,
Stocks