Claire McGuinness

Claire McGuinness

Cadwalader, Wickersham & Taft LLP

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Delaware Chancery Court Finds a ~27% Founding Stockholder Is Not a Controller

On July 2, 2024, the Delaware Chancery Court in Sciannella v. AstraZeneca dismissed stockholder claims in connection with the $3 billion merger of Viela Bio and Horizon Therapeutics in 2021. The merger was approved by Viela’s...more

8/15/2024  /  AstraZeneca , Board of Directors , Controlling Stockholders , Corporate Governance , Fiduciary Duty , Merger Agreements , Popular , Shareholder Litigation , Shareholders , Stockholder Agreements
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