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11 Jun 2018, 4:32 am by Franklin C. McRoberts
Just two weeks ago, in Shawe v Elting, 2018 NY Slip Op 03644 [1st Dept May 22, 2018], the Appellate Division – First Department affirmed Justice Kornreich’s dismissal decision in all respects. [read post]
26 Feb 2024, 12:30 pm by Kevin LaCroix
Although the answer is complicated, some recent data may be instructive. [read post]
26 Mar 2008, 1:21 am
" In doctrinal terms, the merger agreement and two voting agreements were treated as "defensive measures" under Unocal Corp. v. [read post]
18 Feb 2020, 3:17 pm by Francis Pileggi
He found that at trial, plaintiffs may prove at least four of the seven Tesla directors had divided loyalties because of their SolarCity stock holdings and/or dual positions at Musk companies and that there is a genuine material fact dispute as to whether the merger was a waste of assets. [read post]
17 Nov 2006, 5:51 am
Notice 2006-85 (Purchase of Parent Stock in Triangular Reorgs Involving Foreign Corp'ns)Section 338 Examples10. [read post]
13 Jun 2017, 4:10 pm by Andrew M. Piper
Social purpose corporations may consider the social purpose in decision-making, while B Corps must consider the social purpose in decision-making. [read post]
13 Jun 2017, 4:10 pm by Andrew M. Piper
Social purpose corporations may consider the social purpose in decision-making, while B Corps must consider the social purpose in decision-making. [read post]
25 Aug 2011, 10:45 am
The offer may not close unless pre-merger notification and report forms have been filed with the Antitrust Division of the Department of Justice and the Federal Trade Commission and certain waiting period requirements have been satisfied. 13. [read post]
26 Sep 2021, 7:46 am by Kevin LaCroix
Hamamoto, CEO and Chairman of DIamondHead Holdings Corp.; and Stephen Girsky, managing partner at VectoIQ LLC. [read post]
4 Feb 2007, 6:28 pm
For present purposes, it is worth noting that both of these decisions were rendered in cases involving board conduct in the mergers and acquisitions context, in which the concern arises that directors may seek to restrict their own authority (or that of their successors) in order to retain control or favor a particular bidder. [read post]
11 Apr 2009, 6:41 pm
And, third, he has outsourced work to India, including due diligence work on mergers and acquisitions. [read post]
24 Jan 2024, 11:18 am by jeffreynewmanadmin
He is allowed to remain free on a $300 million bond secured by his yacht, named the Aviva, and private aircraft.The Government asserted that Lewis got inside information about four companies in which he had invested through his hedge fund and tipped friends and associates.The companies included Mirati Therapeutics and BCTG Acquisition Corp, a company that his hedge fund founded and took Tango Therapeutics public in a merger in 2021. [read post]