Delaware Court of Chancery Archives - CFO

Shareholder Lawsuits Over M&A Deals Are Declining

Risk & Compliance

Shareholder Lawsuits Over M&A Deals Are Declining

With "disclosure-only" settlements falling out of favor with courts, fewer investors are suing companies for additional information on planned deals.

By David McCann | July 18, 2018

Dell Buyers Win Appeal in Appraisal Lawsuit

Dell Buyers Win Appeal in Appraisal Lawsuit

The Delaware Supreme Court says a trial judge erred in finding the $24 billion buyout of Dell did not represent "fair" market value.

By Matthew Heller | December 15, 2017

Judge Says PE Firm Underpaid for DFC Global

Judge Says PE Firm Underpaid for DFC Global

The ruling is the second victory in as many months for shareholders who sued for an appraisal of their holdings in a takeover target.

By Matthew Heller | July 11, 2016

Williams Cos. Fights for Energy Transfer Merger

Williams Cos. Fights for Energy Transfer Merger

Investors backed Williams' board, which is appealing a judge's ruling that Energy Transfer can walk away from the deal.

By Matthew Heller | June 28, 2016

Delaware Judge Deals Blow to Shareholder Lawsuits

Risk & Compliance

Delaware Judge Deals Blow to Shareholder Lawsuits

The decision in a suit challenging a takeover is "a nail in the coffin" of so-called disclosure settlements, an expert says.

By Matthew Heller | January 26, 2016

Dole Buyout Case Attracts Scrutiny of Financial Projections

Risk & Compliance

Dole Buyout Case Attracts Scrutiny of Financial Projections

Other lawyers will assuredly try to mimic the Dole plaintiffs' claims in future lawsuits challenging merger and acquisition transactions.

By Gardner Davis | September 17, 2015

Ackman’s Allergan Takeover Bid Is Easier Said Than Done

Ackman’s Allergan Takeover Bid Is Easier Said Than Done

The takeover contest's outcome becomes unclear when we consider the conflict between the hedge fund’s objectives and the Allergan board's fiduciary duty.

By Gardner Davis | June 16, 2014