Delaware Courts Further Shape MFW, Appraisals In Q3

By Chelsea Naso (October 11, 2019, 3:52 PM EDT) -- The Delaware judiciary in the third quarter of 2019 set the stage for a broadening of MFW protections outside controller-led transactions and further honed its approach to appraisal actions.

The quarter also saw Delaware Supreme Court Justice Leo E. Strine Jr., one of Delaware's most prominent legal figures, announce he will resign in the fall after more than five years heading the First State's high court and an extensive legal career that included more than a decade on the Chancery Court.

He later called for a sweeping overhaul of American corporate governance, aimed at countering what he sees as failures to...

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