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31 May 2011, 2:38 pm by Edward M. McNally
In re Massey Energy Company Derivative and Class Action Litigation, C.A. 5430-VCS (May 31, 2011) When a company that is subject to derivative litigation is sold in a merger, the value of the derivative claim may be significant. [read post]
14 Feb 2011, 1:30 pm by Edward M. McNally
In re Del Monte Foods Company Shareholders Litigation, C.A. 6027-VCL (February 14, 2011) This is an important decision if only for the creative remedy that the Court came up with to deal with the breach of faith by a target's investment bank. [read post]
5 Jul 2010, 12:08 pm by Edward M. McNally
In Re CNX Corporation Shareholders Litigation, C.A. 5377-VCL (July 5, 2010) Perhaps no area of Delaware corporate law is as confusing as that applicable when a company is taken private by a majority owner in a freeze out of the other shareholders. [read post]
25 May 2010, 5:51 am by Edward M. McNally
In Re CNX Gas Corporation Shareholders Litigation, C.A. 5377-VCL (May 25, 2010) This is an important decision explaining the standard of review that the Court will apply in various circumstances involving a tender offer by a majority stockholder that is to be followed by a cash out merger. [read post]
31 Aug 2012, 8:44 am by Edward M. McNally
In re: Encore Energy Partners LP Unitholder Litigation, C.A. 6347-VCP (August 31, 2012) Delaware limited partnership agreements frequently have provisions governing how to deal with conflict of interests between the GP, the limited partners and the owners of the GP. [read post]