Recent Deal Trends — Del. And Beyond

Law360, New York (March 8, 2012, 12:52 PM EST) -- The past year of M&A litigation in Delaware has resulted in developments with important implications for companies and financial institutions seeking to engage in M&A transactions.

Delaware Cases

Del Monte and Financial Adviser Conflict Claims

Several Court of Chancery opinions emphasize the court's concern with potential conflicts of interest involving financial advisers. Most prominently, perceived conflicts involving the adviser to Del Monte Foods led to an injunction and, ultimately, an eight-figure settlement.

On Nov. 24, 2010, Del Monte Foods announced that it had agreed to be...
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