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Delaware Court Of Chancery Holds That Controlling Stockholder Conduct Did Not Breach Fiduciary Duties But Rendered Buyout Transaction Unfair | Shearman & Sterling LLP

On January 24, 2024, Vice Chancellor J. Travis Laster of the Delaware Court of Chancery awarded a stockholder plaintiff class more than $18 million, finding that the acquisition of the.

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Client Alert: Delaware Court of Chancery Defines Controlling Stockholder Fiduciary Duties: In Re Sears Hometown and Outlet Stores, Inc Stockholder Litigation | Jenner & Block

When do controlling stockholders, exercising their voting power or selling stock, owe fiduciary duties to a Delaware corporation and its minority stockholders? This thorny question in.

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Delaware Court of Chancery Identifies Fiduciary Duties and Standard of Review for Controlling Stockholder | Dechert LLP

In a landmark decision, In re Sears Hometown & Outlet Stores, Inc. Stockholder Litigation,1 the Delaware Court of Chancery held that a controlling stockholder did not breach his.

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Delaware Court of Chancery Clarifies Fiduciary Limitations on Controlling Stockholder s Exercise of Voting Power | Troutman Pepper

In a landmark decision, the Delaware Court of Chancery addressed, for the first time, the precise duties that a controlling stockholder owes, and the standard of review that will apply,.

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Billionaire Eddie Lampert ordered to pay $18 million to Sears Hometown investors

Billionaire Eddie Lampert ordered to pay $18 million to Sears Hometown investors
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