2017 Del. Cases That Reflected Transformation In M&A Law
Gail Weinstein, Philip Richter, Steven Epstein and Scott LuftglassJanuary 11, 2018, 12:47 PM EST
Law360, New York (January 11, 2018, 12:47 PM EST) -- After three decades of evolution in the Delaware courts of an analytical framework for judicial review of board decisions relating to mergers and acquisitions, M&A law has been transformed in the past two to three years. As characterized by Vice Chancellor Joseph Slights (as reported in The M&A Lawyer), this transformation has involved “a narrowing of the more exacting standards of review toward business judgment deference” in M&A matters.
The new framework is reflected in the following Delaware Supreme Court decisions: