|
TOP NEWS
Catching Up With Delaware's Chancery Court
By Jeff Montgomery
A pair of new high-dollar suits in Delaware's Court of Chancery showed last week that post-deal stock appraisal suits still have legs, despite some efforts to reduce potential from deal-price gains challenges. The week ended with Delaware's justices nipping $100 million from the attorney fees owed by Tesla CEO Elon Musk from $176.2 million to roughly $70.9 million, rejecting part of a Court of Chancery fee calculation.
Read full article »
| Save to favorites »
CD&R To Pay $70M To Settle Covetrus Sale Dispute
By Sydney Price
Private equity firm Clayton Dubilier & Rice LLC and others have agreed to pay $70 million to settle a suit in Delaware's Court of Chancery by shareholders of animal health company Covetrus Inc. accusing them of failing to disclose vital information to shareholders when joining forces with another private equity firm to acquire Covetrus in 2022.
Settlement attached |
Read full article »
| Save to favorites »
POLICY & REGULATION
COURT OF CHANCERY
Honeywell Faces Bid For Fee Advancement In Russia Case
By Jarek Rutz
The Delaware Chancery Court on Monday heard a sharply contested argument over whether a former Honeywell executive is entitled to advancement of legal fees tied to Russian insolvency and customs proceedings, as well as "fees on fees," in a dispute that turned less on the underlying foreign matters than the mechanics of Delaware advancement law.
Complaint attached |
Read full article »
| Save to favorites »
BANKRUPTCY COURT
THIRD CIRCUIT
DISTRICT COURT
EXPERT ANALYSIS
LEGAL INDUSTRY
|