Articles mentioning both Delaware Court of Chancery and Delaware -BoardProspects

Articles mentioning both Delaware Court of Chancery and Delaware

1-14 of 14
1. Chancery Court Dismisses Complaint, Holding That Directors Were Not Conflicted in Approving a Merger Simply Due to the Threat of a Looming Proxy Contest
  
  Explore National Law Review Dec 29 2020 BoardNews
  
  ...InRudd v. Brown, et al, C.A. No. 2019-0775 MTZ (Del. Ch. Sept. 11, 2020), the Delaware Court of Chancery (the Court) dismissed the plaintiffs claim that the board members and the chief financial officer of Oute...
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  Mentions: Delaware Merger Delaware Court of Chancery
2. Shareholders’ Rights & Shareholder Activism 2020
  
  Explore corpgov.law.harvard.edu Nov 15 2020 BoardBlogs
  
  ... whether the nominees were qualified and held that the shareholder’s nominees had been validly nominated. The Delaware Supreme Court reversed. The Supreme Court acknowledged that the questionnaire included sections that ...
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  Mentions: Investment Management Delaware
3. Outerwall Ex-Board Dodges Suit Over $1.6 Billion Apollo Buyout
  
  Explore news.bloomberglaw.com Sep 12 2020 BoardNews
  
  ...ut by Apollo Global Management LLC over conflicts of interest caused by pressure from an activist investor, a Delaware judge ruled Friday... ...
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  Mentions: Fiduciary Duties Management Delaware
4. McDonald’s Corp. Calls Fired CEO Steve Easterbrook a Liar and ‘Morally Bankrupt’ for Not Admitting to ‘Repeated Bad Acts’
  
  Explore Nation's Restaurant News Home Page Aug 31 2020 BoardNews
  
  ...en McDonald’s investigated, its CEO lied," the company said in a legal response filed Monday, Aug. 31, in the Delaware Court of Chancery. "Steve Easterbrook conceded having an intimate relationship with one employee, ent...
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  Mentions: Delaware lawsuit severance
5. Move Over California, Delaware Law Applies to Internal Corporate Affairs
  
  Explore Legal News, Lawyers, Law Firms Aug 27 2020 BoardBlogs
  
  ...The Delaware Court of Chancery recently made news when it ruled that Delaware law, not California law, applied to a minority shareholders request to inspect the books and records of a Delaware corporation with ...
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  Mentions: Delaware California Delaware Court of Chancery
6. WeWork is Set to Vote on Adding 2 New Independent Board Members After Big Investors Suing SoftBank Unsuccessfully Tried to Stop It
  
  Explore Business Insider May 28 2020 BoardNews
  
  ...Work's board from bringing on two temporary board directors. Dunlevie and Frankfort are suing SoftBank in the Delaware Court of Chancery for backing out of a $3 billion stock purchase agreement in April. The judge, Andre...
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  Mentions: Special Committee Delaware KKR
7. Delaware Court of Chancery Holds that a Stockholder’s Disagreement with a Board’s Business Judgment and Intent to Pursue a Proxy Contest is Not a “Proper Purpose” for a Section 220 Demand
  
  Explore National Law Review Nov 20 2019 BoardNews
  
  ...U.S. Die Casting and Dev. Co., 687 A.2d 563, 571 (Del. 1997). It provides clarity on an important question of Delaware law and additional guidance for stockholders on what constitutes a “proper purpose” under Section 220...
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  Mentions: Delaware Verizon Anadarko
8. Court Tosses Carl Icahn's Lawsuit Seeking Occidental Acquisition Records
  
  Explore Stock Market Quotes and News Nov 15 2019 BoardNews
  
  ... proxy fight against the oil firm's board, a Delaware court judge ruled on Thursday. Icahn sued Occidental in Delaware Court of Chancery last May seeking financial records and details of its negotiations with Anadarko. H...
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  Mentions: Management Delaware Proxy Fight
9. Recent Director and Executive Compensation Lawsuits Heighten Need for Robust Corporate Governance
  
  Explore National Law Review Oct 23 2019 BoardBlogs
  
  ...he appropriateness of his compensation in light of his decreasing role at the company. On initial review, the Delaware Court of Chancery found, among other items, that the contribution of the CEO compared to his salary w...
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  Mentions: Delaware Goldman Sachs CFO
10. Activist Proxy Slates and Advance Notice Bylaws
  
  Explore corpgov.law.harvard.edu Sep 5 2019 BoardBlogs
  
  ...record holders. This ruling indicates that at least in the absence of inequitable conduct by the corporation, Delaware courts will apply such bylaws as written. The result is similar to an approach taken by a Washington ...
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  Mentions: Annual Meeting Bylaws Delaware
11. Carl Icahn Steps up his Fight with Occidental over Anadarko Deal, Wants 4 Board Seats
  
  Explore CNBC.com Jun 27 2019 BoardNews
  
  ...o U.S. shale producers would increase Occidental's debt to around $40 billion. Icahn, in his lawsuit filed in Delaware Court of Chancery in May, sought access to the oil producer's financial records and details of negoti...
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  Mentions: Delaware acquisition lawsuit
12. The Standard of Review for Challenged Director Compensation
  
  Explore corpgov.law.harvard.edu Jun 25 2019 BoardBlogs
  
  ...it is relatively unusual for public companies to seek the type of stockholder approval contemplated by recent Delaware case law, companies may wish to consider seeking stockholder approval of board compensation, recogniz...
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  Mentions: Delaware Goldman Sachs Attorneys
13. Del. Chancery Court Rejects Settlement in Challenge to Pay of Directors
  
  Explore Yahoo! Finance Oct 24 2018 BoardNews
  
  ... the latest in a string of cases taking a tougher stance on disclosure settlements... Photo: Shutterstock The Delaware Court of Chancery has rejected as unfair a proposed settlement in an investor suit challenging the co...
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  Mentions: Delaware Goldman Sachs Attorneys
14. Shari Redstone Alleges CBS CEO Threatened to Quit If Board Didn't Strip Redstones of Control
  
  Explore news.morningstar.com Jun 1 2018 BoardNews
  
  ...90% of directors to support such a move, a day before the CBS board held the vote. The outcome is now up to a Delaware judge. "Today's reactive complaint from NAI was not unexpected," CBS said in a statement. "The amende...
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  Mentions: Special Committee Delaware lawsuit
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