Delaware Upholds Business Judgment Review for Controlling Stockholder Mergers If Minority Is Protected
By EsqSocial Corporation 18/03/14
On Friday, March 14th, the Delaware Supreme Court held that controlling stockholder mergers should be subject to deferential business judgment review, rather than the more stringent entire fairness standard, where minority shareholders are adequately...
By: Mintz Levin - Securities Litigation &