Delaware Business Court Insider
By Patrick Smith | March 15, 2021
In under three months, the number of SPACs has exceeded the record-setting amount from 2020.
By Robert Malionek and Elizabeth Sahner | February 5, 2021
A series of lawsuits in 2020 related to COVID-19's effect on purchase or merger agreements have raised key questions about whether the pandemic caused a Material Adverse Effect (MAE) that excused buyers' obligation to close, and whether targets breached ordinary course covenants in their pandemic responses.
Delaware Business Court Insider
By Ellen Bardash | February 2, 2021
Vice Chancellor Paul Fioravanti found the key to be what valuation procedures are specified in the agreement, not that calculations be made the same way.
Delaware Business Court Insider | News
By Ellen Bardash | January 29, 2021
Vice Chancellor Joseph R. Slights III allowed CBS stockholders to continue with their claims against successor ViacomCBS.
Delaware Business Court Insider | News
By Ross Todd | December 2, 2020
"With the benefit of hindsight, the ultimate failure of the transaction can be traced to Anbang and Gibson Dunn's decisions to withhold information about the fraudulent deeds and to delay taking action to remedy the problem," Vice Chancellor Travis Laster of the Delaware Court of Chancery wrote in a novel-length, 242-page opinion issued Monday.
Delaware Business Court Insider | Commentary
By Brian M. Lutz and Colin B. Davis | November 11, 2020
Vice Chancellor Morgan T. Zurn's recent decision in Rudd v. Brown reaffirms longstanding Delaware law protecting director decision-making in M&A transactions, even where Revlon duties apply and an activist has threatened the board members with a proxy campaign.
Delaware Business Court Insider | News
By Ellen Bardash | October 13, 2020
The complaint said Johnson & Johnson approached a potential merger partner for its Ethicon unit and offered upfront payment and billions of dollars in "earn-out" payments if the U.S. Food and Drug Administration approved its products and they sold well. The offer, plaintiffs said, would have imposed vast costs on them.
Daily Business Review | Commentary
By Andrew L. Burnstine and Perry F. Sofferman | July 10, 2020
Whether parties are moving forward with their agreements, placing them on the backburner until the markets stabilize, or initiating deals during the COVID-19 pandemic, both parties should prudently review deal terms and contemplate what must be revised to properly account both for the existing crisis and for the possibility of similar epidemics or pandemics in the future.
Delaware Business Court Insider
By Ellen Bardash | July 7, 2020
Chancellor Andre Bouchard wrote that a Fox stockholder hadn't adequately proven that about $82.4 million in stock given to Rupert, James and Lachlan Murdoch interfered with the company's sale to Disney and therefore didn't have standing to bring derivative claims.
Delaware Business Court Insider | Commentary
By Joseph Chase | April 17, 2020
The COVID-19 pandemic has caused a significant slow-down in mergers and acquisitions (M&A). As this situation's seriousness has become apparent, many M&A transactions have been called off.
Presented by BigVoodoo
The Legal Intelligencer honors lawyers leaving a mark on the legal community in Pennsylvania and Delaware.
Consulting Magazine recognizes leaders in technology across three categories Leadership, Client Service and Innovation.
Celebrate outstanding achievement in law firms, chambers, in-house legal departments and alternative business structures.
Health Law Associate CT Shipman is seeking an associate to join our national longstanding health law practice. Candidates must have t...
Shipman & Goodwin LLP is seeking two associates to expand our national commercial real estate lending practice. Candidates should have ...
Epstein Becker & Green is seeking an associate to joins its Commercial Litigation practice in our Columbus or Cincinnati offices. Ca...
MELICK & PORTER, LLP PROMOTES CONNECTICUT PARTNERS HOLLY ROGERS, STEVEN BANKS, and ALEXANDER AHRENS