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9 Aug 2017, 6:44 am by Francis Pileggi
The post Chancery Awards Advancement Fees for Defense of Similar Claims Pending Against Non-Covered Parties appeared first on Delaware Corporate & Commercial Litigation Blog. [read post]
25 Nov 2015, 7:16 am by William Sinclair
In Delaware, corporate directors effecting stock-for-stock mergers have duties to shareholders when the stock they receive would be subject to control by a colluding or individually owned majority; in those circumstances, Delaware courts have held, there are “real consequences to the financial value” of the stock and “[t]he law offers some protection to such shares[.] [read post]
25 Nov 2015, 7:16 am by William Sinclair
In Delaware, corporate directors effecting stock-for-stock mergers have duties to shareholders when the stock they receive would be subject to control by a colluding or individually owned majority; in those circumstances, Delaware courts have held, there are “real consequences to the financial value” of the stock and “[t]he law offers some protection to such shares[.] [read post]
25 Nov 2015, 7:16 am by William Sinclair
In Delaware, corporate directors effecting stock-for-stock mergers have duties to shareholders when the stock they receive would be subject to control by a colluding or individually owned majority; in those circumstances, Delaware courts have held, there are “real consequences to the financial value” of the stock and “[t]he law offers some protection to such shares[.] [read post]
3 Feb 2009, 11:14 am
(“NAI”) which owned a 71% interest in what was then Viacom, Inc., and what is now known as CBS Corporation. [read post]
15 May 2016, 6:44 pm by Francis Pileggi
The post Chancery Addresses Nuances of Advancement Claim appeared first on Delaware Corporate & Commercial Litigation Blog. [read post]
Defendants' theory was that the merger litigation initiated in 2019 arose from interrelated prior wrongful acts starting in 2016 when the plaintiffs were involved in a battle for corporate control, which were the subject. [read post]
17 Aug 2015, 8:10 am by John Jascob
Under Delaware law, the court may appoint a custodian for dissolution of a solvent corporation when “the stockholders are so divided that they have failed to elect successors to directors” and the business of the corporation is suffering or is threatened with irreparable injury because the directors are so divided. [read post]
28 Jan 2009, 3:54 am
We are fortunate to have a review of this recent Supreme Court decision by nationally-prominent Delaware lawyer Kevin Brady. [read post]
17 Aug 2015, 3:34 am by Peter Mahler
No. 9661-CB [Del Ch Aug. 13, 2015], in which he granted Elting’s petition under § 226 of the Delaware General Corporation Law to appoint a custodian to sell TransPerfect Global even though its business is highly profitable. [read post]
24 Sep 2008, 4:45 am
What does the University of Delaware require in terms of degrees? [read post]