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Business Judgment Rule Revlon Standard Shareholder Litigation

Nutter McClennen & Fish LLP

M&A in Brief: Q1 2024

In a letter ruling, the Delaware Chancery Court held that where neither the target nor the acquiror was a Delaware entity, the transaction documents between the parties could not confer jurisdiction in the Chancery Court...more

Foley & Lardner LLP

Directors See More Deference In Wis. Courts Than In Del.

Foley & Lardner LLP on

Wisconsin courts continue to distinguish Wisconsin law from that of other jurisdictions, most notably Delaware. In late 2018, the dismissal of shareholder lawsuits against National Research Corp., or NRC, and its directors in...more

Holland & Knight LLP

Delaware Chancery Court Dismisses Merger Litigation Suit

Holland & Knight LLP on

The Delaware Court of Chancery recently ruled that a company's board of directors is vested with discretion to choose between competing buyout offers — even if the ultimate choice is favorable to the personal interests of the...more

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