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26 Apr 2024, 10:17 am
As we learned from the Helix Energy Solutions Group, Inc. v. [read post]
26 Apr 2024, 6:00 am
The app will use Mastercard’s robust virtual card and tokenization technology to offer enhanced data security and spend control features, accessible via a consumer-like interface. [read post]
22 Apr 2024, 1:11 pm
For example, in In re GoHealth, Inc. [read post]
21 Apr 2024, 7:51 pm
The alternative to a stay was to seek an anti-suit injunction, which, however, was a controversial tool, because of its potential to “interfere unduly with a foreign court controlling its own processes” (at [17]). [read post]
19 Apr 2024, 9:27 am
Ripple Labs Inc. [read post]
18 Apr 2024, 6:26 am
About Solutions Laws Press, Inc. [read post]
17 Apr 2024, 12:50 pm
Valiant Services Group, LLC v. [read post]
17 Apr 2024, 9:40 am
7335280 WIF WESLEYAN INVESTMENT FOUNDATION 7340402 GREYHOUND CLUB UNIVERSITY OF INDIANAPOLIS 7340571 FLEET AND AUTO.COM 7335252 ENVISION AUTOMATION & CONTROLS 7337705 YOU’RE IN CONTROL! [read post]
17 Apr 2024, 8:59 am
" Treants Enterprises, Inc. v. [read post]
16 Apr 2024, 6:07 am
Swift, Inc. will likely not be getting those terms that apply to everyone else. [read post]
15 Apr 2024, 9:01 pm
Two federal district courts recently upheld decisions by the Federal Reserve Bank of Kansas City (FRBKC) and the Federal Reserve Bank of San Francisco (FRBSF) to deny master account applications from Custodia Bank (Custodia) and PayServices Bank (PayServices). [read post]
15 Apr 2024, 6:00 pm
It happens regardless of who controls the government—or who controls the lawsuit. [read post]
13 Apr 2024, 2:46 pm
Geon Industries, Inc., 531 F.2d 39, 47 (1976). [read post]
13 Apr 2024, 2:37 pm
Sullivan and Cromwell: Similar to recent Court of Chancery cases, including the Sears and TripAdvisor decisions, the Delaware Supreme Court’s decision continues a trend of reviewing controller transactions with significant skepticism, emphasizing the need for a careful process even where such conflicted controller transaction does not involve a freeze-out merger. [read post]
13 Apr 2024, 2:26 pm
But Aronson and our demand review precedent stand apart from the substantive standard of review in controlling stockholder transactions. [read post]
13 Apr 2024, 2:22 pm
The controlling stockholder group and corporate officers implemented the recapitalization, which included charter amendments implementing tenure voting. [read post]
13 Apr 2024, 2:20 pm
Entire fairness is the standard of review in transactions between a controlled corporation and a controlling stockholder when the controlling stockholder receives a non-ratable benefit, but the business judgment rule will apply when: (1) a controlling stockholder conditions the transaction from the start on the approval of both a special committee and a majority of the minority stockholders; (2) the special committee is independent; (3) the special committee is… [read post]
12 Apr 2024, 5:01 pm
The Delaware Supreme Court recently decided In re Match Group, Inc. [read post]
11 Apr 2024, 9:01 pm
On April 4, 2024, in In re Match Group, Inc. [read post]
9 Apr 2024, 2:41 pm
Lyft Inc., UI Dec. [read post]