Delaware Chancery Clarifies Duty Of Disclosure
In In re Transkaryotic Therapies, Inc. (Del. Ch., Civil Action No. 2776-CC 6/16/08), Chancellor Chandler granted summary judgment in favor of the defendants for alleged breaches of the duty of disclosure in connection with a merger of two unrelated Delaware corporations.
In Berger v. Pubco Corp. (Del. Ch., Civil Action No. 3414-CC 5/30/08), Chancellor Chandler created a “quasi-appraisal” to remedy breaches of disclosure...
To view the full article, register now.