Del. Decisions: Data Points, Not Doctrine

Law360, New York (May 30, 2012, 10:26 AM EDT) -- Delaware courts often take an expansive approach to decision-making, offering detailed commentary on the facts and the underlying law in many key M&A cases. While these lengthy opinions can offer market participants useful insights into best practices for future deals, it is equally important that dealmakers not overreact to observations that should, and no doubt are intended to, be read within the context of the specific circumstances before the court.

In seeking guidance from court decisions, readers should be mindful that, more often than not, it...
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