Delaware Court Applies Unified Standard for Review of All Freeze-out Transactions by Controlling Shareholders

14 June 2010 Publication
Authors: Gardner F. Davis Danielle R. Whitley

Delaware Corporate Litigation Reporter

Foley Partner Gardner Davis and Senior Counsel Danielle Whitley authored an article that appeared in the Delaware Corporate Litigation Reporter on June 14, 2010 titled “Delaware court applies unified standard for review of all freeze-out transactions by controlling shareholders.” The authors discuss a Delaware Chancery Court decision that adopts a single standard for judging the fairness of all freeze-out mergers by controlling shareholders. They state that the decision changes the historical bargaining position of the controlling stockholder and strengthens the position of special committees advocating the interests of minority stockholders.

Related Services

Insights

Text Messages, EDiscovery, and the New Threat to Privacy
21 November 2019
CMS Proposes Enhanced Scrutiny over Medicaid Supplemental Payments
20 November 2019
Health Care Law Today
The Purpose of a Corporation
November 2019
Legal News: Business Law
Should This Be a "Mobility" Industry Blog?
19 November 2019
Dashboard Insights
PATH Summit 2019
18-20 December 2019
Arlington, VA
Madison CLE Days
18-19 December 2019
Madison, WI
MedTech Impact Expo & Conference
13-15 December 2019
Las Vegas, NV
HFMA MA-RI Annual Compliance Update
12 December 2019
Boston, MA