Delaware Chancery
3 articles tagged with "Delaware Chancery".
The Death of Revlon for the Virtuous: Delaware Chancery Exempts Public Benefit Corporations from the Highest-Bidder Mandate
A Seismic Shift in Delaware M&A Fiduciary Duties For exactly forty years, the gravitational pull of Delaware corporate law has relentlessly drawn change-of-control transactions toward a single, inescapable mandate: get the highest price for the share...
Financing the Enemy: Delaware Chancery Reaffirms the Ironclad Nature of Advancement Rights in the JPMorgan/Javice Dispute
The Ultimate M&A Indignity: Paying Your Defrauder's Legal Bills For corporate acquirers, there is perhaps no indignity more galling than the Delaware doctrine of advancement. It is a bitter pill to swallow: writing multi-million-dollar checks to fund...
The Death of Revlon for PBCs: Delaware Chancery Blesses the Ultimate Anti-Takeover Shield
The Sacred Cow of Delaware M&A Just Got Slaughtered For nearly forty years, the fundamental commandment of Delaware corporate law during a change of control has been absolute: when a company is up for sale, the board of directors must abandon all oth...
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