Chelsea Donenfeld

Chelsea Donenfeld

Cadwalader, Wickersham & Taft LLP

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Delaware Court of Chancery Strictly Interprets Merger Agreement in Finding That Rent-A-Center, Inc. Properly Terminated Its...

In Vintage Rodeo Parent, LLC v. Rent-A-Center, Inc., C.A. No. 2018-0928-SG (Del. Ch. Mar. 14, 2019), Vice Chancellor Glasscock of the Delaware Court of Chancery found that Rent-A-Center, Inc. (“Rent-A-Center”) properly...more

4/4/2019  /  Buyouts , Contract Interpretation , Contract Termination , Corporate Counsel , Drop-Dead Rule , Merger Agreements , Retailers

M&A Update: Delaware Supreme Court Clarifies the “Ab Initio” Requirement for Business Judgment Review of Controlling Stockholder...

In Flood v. Synutra Int’l Inc., the Delaware Supreme Court clarified its holding in Kahn v. M&F Worldwide Corp. (“MFW”). ...more

11/5/2018  /  Breach of Duty , Business Judgment Rule , Class Action , Controlling Stockholders , DE Supreme Court , Fiduciary Duty , Going-Private Transactions , Motion to Dismiss , Void ab initio
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