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16 Sep 2020, 5:53 am
Following a ten-day trial, Vice Chancellor Laster held, in a 310-page opinion, that Cigna had breached the merger agreement covenants under which it was obligated to try to consummate the merger, but that no damages were payable because the injunction likely would have been issued (and thus the merger would not have closed) anyway. [read post]
20 Dec 2017, 7:50 am by Carl Neff
By way of background, in the 2016 Court of Chancery opinion, In re: Appraisal of Dell Inc. [read post]
20 May 2013, 7:31 am by Broc Romanek
But Rural/Metro itself had previously tried to buy EMS's American Medical Response Inc. division, a deal Shackleton said he would have supported enthusiastically, so combining the companies made some sense. [read post]
9 Oct 2016, 2:54 pm by Kevin LaCroix
Preferred Communications Systems, Inc. can be found here. [read post]
3 Jan 2011, 7:45 am by Broc Romanek
Delaware Chancery Enjoins Merger Vote Pending Corrective Disclosures Here is news from Tom Bayliss of Abrams & Bayliss: On December 20th, the Delaware Court of Chancery issued this bench ruling enjoining a special meeting of stockholders of Art Technology Group, Inc. [read post]
7 Mar 2012, 7:22 am by Broc Romanek
Delaware Chancery Enjoins Sale Based on Indenture Covenants From John Grossbauer of Potter Anderson: Recently, Delaware Vice Chancellor Laster delivered this opinion in In re BankAtlantic Bancorp, Inc. [read post]
23 Jul 2010, 1:34 pm
Vice Chancellor Laster acknowledged that Delaware law regarding the proper analysis of controlling stockholder “freeze-out” transactions is muddled:   I recognize that by applying the unified standard, I reach a different conclusion than the recent [In re Cox Radio, Inc. [read post]
11 Nov 2010, 2:32 pm by Kara OBrien
Delaware Decisions to pay attention to: Plato Learning Hertz-Dollar-Thrifty Health Grades, Inc. [read post]
6 Sep 2012, 6:29 am by David E. Woollcombe
Related Posts:Vice Chancellor Laster Visits Toronto to Speak on M&A DisputesWill the Battle for Fibrek Impact the Canadian M&A Landscape? [read post]