In Firefighters’ Pension System of the City of Kansas City, Missouri Trust v. Presidio, Inc., Vice Chancellor Laster of the Delaware Court of Chancery dismissed claims against directors of Presidio, Inc. (Presidio) and...more
Two decisions from the Court of Chancery — Dieckman v. Regency GP LP, C.A. No. 11130-CB (Del. Ch. Feb. 20, 2018) and Mesirov v. Enbridge Energy Co., C.A. No. 11314-VCS (Del. Ch. Aug. 29, 2018) — emphasize a significant...more
11/29/2018
/ Aiding and Abetting ,
Board of Directors ,
Breach of Contract ,
Contract Terms ,
Delaware General Corporation Law ,
Fiduciary Duty ,
Financial Adviser ,
General Partner ,
Joint Venture ,
Limited Partnership Agreements ,
Limited Partnerships ,
Mergers ,
Waiver of Liability
The development of Delaware appraisal law has continued with the Delaware Supreme Court’s highly anticipated December 2017 appraisal opinion in Dell, Inc. v. Magnetar Global Event Driven Master Fund Ltd. In Dell, the court...more
5/29/2018
/ Acquisitions ,
AOL ,
Appeals ,
Appraisal ,
Appraisal Rights ,
Buyouts ,
Carve Out Provisions ,
DE Supreme Court ,
Deal Price ,
Dell ,
Discounted Cash Flow Valuations ,
Fair Market Value ,
Mergers ,
Private Equity ,
Shareholder Rights ,
Stock Prices