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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. ....

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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. ....

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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. ....

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

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

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