10/20/2009 11:30:11 AM EST Posted by Rosyln Tom, Neil T. Reddy & Ed SpaethPartner, Baker & McKenzie LLP; Associate, Baker & McKenzie LLP; and Vice President and Lead Content Acquisition & Publishing Counsel, LexisNexis, respectively
The courts will use the standard of "entire fairness" to evaluate the decisions of a board where the plaintiff has rebutted the presumption of the business judgment rule by p ... Create an account or login to post comments. | Comments (0)
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4/24/2008 9:25:08 AM EST
On February 14, 2008, the New York Court of Appeals held that members of limited liability companies ("LLC") may bring derivative suits on behalf of their LLCs, just as share ... Create an account or login to post comments. | Comments (0)
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7/23/2008 5:09:44 PM EST
In CSX v. Children's Fund Mgmt. (UK) LLP, a court struck down a target company's attempt to prevent activist ... Create an account or login to post comments. | Comments (0)
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4/15/2008 2:19:09 PM EST
In its June 8, 2006 opinion in In Re The Walt Disney Company Derivative Lit ... Create an account or login to post comments. | Comments (0)
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4/4/2008 3:14:44 PM EST
In this landmark decision, the Delaware Supreme Court established a new standard of judicial review applicable to a challenge by shareholders to the board's endorsement of a merger tra ... Create an account or login to post comments. | Comments (0)
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2/5/2008 1:32:11 PM EST Professor James Fanto discusses the United States Supreme Court decision in Stoneridge Investment Partners, LLC. v. Scientific-Atlanta, Inc. 20 ... Create an account or login to post comments. | Comments (0)
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7/23/2008 5:14:51 PM EST
In 2008, two companies suffered public battles from hedge funds that circumvented advance notice provisions. In Jana Master Fund, Ltd. v. C ... Create an account or login to post comments. | Comments (0)
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