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4 Jan 2012, 3:24 am by Broc Romanek
Interestingly, there is not a legal definition of "funds legally available," despite the Delaware Chancery Court's decision last year in SV Investment Partners v. [read post]
17 Nov 2011, 7:37 am by Edward M. McNally
Travis Laster concluded that "it makes sense that the case should proceed in the jurisdiction whose law governs the dispute. [read post]
11 Nov 2011, 8:48 am by Francis Pileggi
Vice Chancellor Laster spoke on the topic of the standard of review, and in particular the standard of review issue in the recent decision of In Re Southern Peru Copper Corp. [read post]
20 Oct 2011, 6:16 am by Broc Romanek
Delaware: Appraisal Rights in Cash Election Mergers From John Grossbauer of Potter Anderson: Recently, Delaware Vice Chancellor Laster delivered this opinion - in Krieger v. [read post]
3 Oct 2011, 7:12 am by Broc Romanek
Delaware: Breach of Duty of Loyalty Due to Entrenchment Through Preferred Stock From John Grossbauer of Potter Anderson: Recently, Vice Chancellor Laster issued this decision in Johnston v. [read post]
6 Sep 2011, 4:43 am by Larry Ribstein
On Friday the Delaware Supreme Court decided the important case of CML V, LLC v. [read post]
17 Aug 2011, 2:00 am by Kara OBrien
” Takeaways Disclosure of Material Relationships with Financial Advisors While financial advisors and their clients need to be mindful of the Delaware Court of Chancery’s increasing focus on potential conflicts of interest, this ruling does not generally require disclosure of the aggregate fees paid to a financial advisor by the target and the acquiror for any given period of time (but see In re Art Technology (Oracle) (VC Laster 2010). [read post]
5 Jul 2011, 8:30 am by Stikeman Elliott LLP
Court and OSC Review In coming to its conclusion, the Ontario Superior Court of Justice cited the Supreme Court of Canada’s decision in BCE Inc v 1976 Debentureholders (BCE) for the proposition that three conditions must be satisfied by a corporation seeking an arrangement: that statutory procedures have been met; that the application has been put forward in good faith; and that the arrangement is fair and reasonable. [read post]
5 Jul 2011, 2:00 am by Kara OBrien
Addressing Zapata’s discretionary second prong, Vice Chancellor Laster relied on his 2010 decision in Pfeiffer v. [read post]
30 Jun 2011, 7:23 pm by Francis Pileggi
  Following the standard set out in Louisiana State Employees Retirement System v. [read post]