Bench Rulings Come Fast And Furious in Morgans Board Spat

Law360, New York (April 29, 2013, 6:11 PM EDT) -- M&A and securities lawyers often note how hard it is to stay on top of case law in Delaware without reading a lot of transcripts. Case in point: the dispute between Morgans Hotel Group Co. and a dissident director, where Vice Chancellor J. Travis Laster has weighed in on a range of broader issues.

Morgans is defending a transaction that would see Ron Burkle's Yucaipa Cos. LLC take control of some of its assets in exchange for preferred equity and other securities Yucaipa currently holds....
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