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Delaware-Supreme-Court Delaware Supreme Court.

The Delaware Supreme Court has revived part of a shareholder derivative lawsuit over Earthstone Energy Inc.’s controller-led acquisition of Texas-based Bold Energy III LLC, ruling that deal negotiations had started before a special committee could establish protections for the oil-and-gas driller’s minority investors.

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Tom McParland

Tom McParland of Delaware Law Weekly can be contacted at 215-557-2485 or at tmcparland@alm.com. Follow him on Twitter @TMcParlandTLI.

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