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United States - Directors and Officers - Delaware Supreme Court Expands MFW Applicability In Conflicted Controller Transactions

On April 4, 2024, the Delaware Supreme Court issued a much-anticipated decision, In re Match Group Derivative Litigation ("In re Match Group"), extending the MFW doctrine more broadly.

Delaware Supreme Court Expands MFW Applicability In Conflicted Controller Transactions

On April 4, 2024, the Delaware Supreme Court issued a much-anticipated decision, In re Match Group Derivative Litigation , extending the MFW doctrine more broadly to all conflicted controller.

U.S. M&A Newsletter — March 2024 - Directors and Officers

In In re Sears Hometown and Outlet Stores, Inc. Stockholder Litigation (Jan. 24, 2024), the Delaware Court of Chancery held that a controlling stockholder must not.

Elite Delaware Court Stands Up to 'Big Money-Powered People'

Delaware Court Of Chancery: Controlling Stockholders Have Fiduciary Duties When Voting To Change The

In a pathfinding decision, the Delaware Chancery Court has specified the standards of conduct and review that apply to a controlling stockholder's exercise of its voting rights to block board action.