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Activists at the Gate: Court of Chancery Weighs In on Claims Involving Activist Stockholders

Legal News, Lawyers, Law Firms

Several recent decisions applying Delaware law offer helpful insight about the impact that activist investor involvement has on board decision-making leading to a transaction and how those decisions will be reviewed by the courts in any subsequent litigation. These cases demonstrate the importance of careful responses by boards of directors to satisfy their fiduciary duties in the face of activist pressure...

Mentions: Fiduciary Duties Management Delaware