M&A and shareholder litigation is off to a busy start in 2023, with Delaware courts issuing several interesting opinions. The Delaware Supreme Court reversed a Delaware Court of.
Takeaways - The Delaware Supreme Court simplified the pleadings-stage test applied to derivative suits where no demand has first been made on the board. .
A union benefit fund has hit CoreLogic Inc.'s chief executive with a Delaware Chancery Court suit accusing him of wrongly steering the business away from a prospective buyer offering significantly more than the $6 billion go-private deal approved earlier this year.