June 3, 2013

Delaware Chancery Court Issues Roadmap for Controlling Person Mergers to Be Reviewed Under the Business Judgment Rule

Summary: On May 29, 2013, Chancellor Leo F. Strine of the Delaware Court of Chancery issued a decision in In re MFW Shareholders Litigation that, if upheld, effectively serves as a roadmap for controlling stockholders who want to have a going private merger transaction reviewed under the business judgment rule. 

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