X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.
Vice Chancellor J. Travis Laster of the Chancery Court of the State of Delaware.

The Delaware Supreme Court has reversed a Chancery Court decision that assessed only $1 in damages for a wind-energy development firm’s refusal to cash out an investor after it offloaded part of the company in a $1.8 billion asset sale, ruling that the remedy had “no support” in the courts’ case law.

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.

More from this author

 

Lean Adviser Legal

Think Lean Daily Message

"An organization with the right culture will employ and retain people who have the right attitudes and do the right things."

Learn More

Class Actions: The Law of 50 StatesBook

Class Actions thoroughly takes you through identifying a class action; determining ex parte class certification; conducting pre-certification discovery; selecting a class representative, and more.
Get More Information

 

ALM Legal Publication Newsletters

Sign Up Today and Never Miss Another Story.

As part of your digital membership, you can sign up for an unlimited number of a wide range of complimentary newsletters. Visit your My Account page to make your selections. Get the timely legal news and critical analysis you cannot afford to miss. Tailored just for you. In your inbox. Every day.

Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.