MFW Framework Inapplicable Where Conflicts Are Not Adequately Disclosed to Stockholders | Cadwalader, Wickersham & Taft LLP jdsupra.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from jdsupra.com Daily Mail and Mail on Sunday newspapers.
In two recent decisions, the Supreme Court of Delaware (the "Court") has clarified the Court's approach to the so-called MFW framework under the Court's.
Delaware Supreme Court Reverses Chancery on Adequacy of Proxy Disclosures to Stockholders | McGuireWoods LLP jdsupra.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from jdsupra.com Daily Mail and Mail on Sunday newspapers.
Delaware Supreme Court Holds Proxy Disclosures Deficient In Failing To Disclose Advisors' Conflicts Of Interests | Shearman & Sterling LLP jdsupra.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from jdsupra.com Daily Mail and Mail on Sunday newspapers.
Delaware's top court on Wednesday reversed a Chancery Court dismissal of stockholder challenges to the $7.3 billion go-private sale of Inovalon Holdings Inc. to Nordic Capital, saying that the lower court wrongly concluded that minority investors were adequately informed about the deal and special committee conflicts of interest.