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MeadWestvaco Highlights the Extremely High Bar To Personal Liability of Interested Directors
31 Aug 2017, 6:32 am
In In re MeadWestvaco Stockholders Litigation (Aug. 17, 2017), the Delaware Court of Chancery dismissed claims against target company directors for breach of the duty of loyalty based on allegations that they had acted in bad faith in approving a merger. [read post]
The Harvard Law School Corporate Governance Blog - http://blogs.law.harvard.edu/corpgov
Court Of Chancery Gives Guidance On What Constitutes Bad Faith
22 Aug 2017, 9:00 am by Edward M. McNally
In Re Meadwestvaco Stockholders Litigation, C.A. [read post]
Delaware Business Litigation Report - http://www.morrisjames.com/blogs-Delaware-Business-Litigation-Report
Court Of Chancery Gives Guidance On What Constitutes Bad Faith
22 Aug 2017, 9:00 am by Edward M. McNally
In Re Meadwestvaco Stockholders Litigation, C.A. [read post]
Delaware Business Litigation Report - http://www.morrisjames.com/blogs-Delaware-Business-Litigation-Report
Bad faith claim rejected in MeadWestvaco-Rock-Tenn merger suit
21 Aug 2017, 7:34 am by John Jascob
MeadWestvaco’s shareholders had theorized that MeadWestvaco’s board acted hastily when an activist investor appeared, but the court ultimately focused on bad faith rather than the more recent Corwin cleansing vote option or on Revlon enhanced scrutiny or entire fairness (In re MeadWestvaco Corporation Stockholders Litigation, August 17, 2017, Bouchard, A.).Flying blind. [read post]
Jim Hamilton's World of Securities Regulation - http://jimhamiltonblog.blogspot.com/