Lindsay Ray

Lindsay Ray

Dechert LLP

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Delaware Supreme Court Adopts Primedia Test for Post-Merger Shareholder Actions

In Morris v. Spectra Energy Partners (DE) GP, LP,1 the Delaware Supreme Court clarified the test for determining when former equityholders have standing to pursue post-merger direct claims for a controller’s alleged failure...more

2/5/2021  /  Article III , Contract Negotiations , Corporate Counsel , Corporate Sales Transactions , DE Supreme Court , Derivative Suit , Merger Controls , Shareholders , Standing
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