In January 2022, Vice Chancellor Lori Will of the Delaware Court of Chancery issued a groundbreaking opinion in In re MultiPlan Corp. Stockholders Litigation that paved the way for SPAC stockholders to bring direct breach of...more
6/25/2024
/ Acquisitions ,
Board of Directors ,
Commercial Litigation ,
Controlling Stockholders ,
Corporate Counsel ,
Corporate Governance ,
Disclosure Requirements ,
Mergers ,
Popular ,
Private Equity ,
Securities Litigation ,
Special Purpose Acquisition Companies (SPACs)
The mere potential for a prominent, highly respected officer, director and minority holder to influence a board’s decision to approve a deal where the minority holder sits on both sides is insufficient to confer controller...more
The Court of Chancery’s decision in In re Match Group, Inc. Derivative Litigation1 is the latest example of how the Delaware Supreme Court’s watershed 2014 decision in Kahn v. M & F Worldwide Corp. (MFW)2 has been applied to...more
12/26/2022
/ Board of Directors ,
Corporate Counsel ,
Corporate Governance ,
Corporate Officers ,
DE Supreme Court ,
Delaware General Corporation Law ,
Directors ,
Popular ,
Securities Litigation ,
Shareholder Litigation ,
Shareholders