Delaware Driving Force Behind 2010 M&A Rulings

Law360, New York (December 27, 2010, 4:40 PM EST) -- In a quiet year for major mergers and acquisitions decisions at a national level, courts in Delaware — where more than 60 percent of Fortune 500 companies are incorporated — picked up the slack, weighing in on a wide variety of cases that sought clarification on everything from poison pill usage to top-up provisions, attorneys say. 

"In 2010 we saw a number of cases I would characterize as mechanical," Richard Hall, who leads Cravath Swaine & Moore LLP's M&A practice, told Law360. "They touched on the edge of well-established...
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