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KT4 Partners LLC v. Palantir Techs. Inc.: Navigating the Choppy Waters of Stockholder Inspection Demands

On January 29, 2019, the Delaware Supreme Court (Strine, C.J.) addressed when stockholders may be able to access company emails as part of a books and records inspection demand. It also weighed in on when the Court of...more

Delaware Supreme Court Upholds Lower Court’s Material Adverse Effect Finding

As discussed in a prior client alert, on October 1, 2018, the Delaware Court of Chancery upheld a buyer’s termination of a merger agreement and found that the target had suffered a material adverse effect (“MAE”). Following...more

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