Live Breaking News & Updates on El Paso Pipeline Gp Co
Stay updated with breaking news from El paso pipeline gp co. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Under Delaware law, the implied covenant of good faith and fair dealing attaches to every contract by operation of law and is best understood as an implied term. The purpose of the. ....
Delaware Supreme Court Eliminates Gentile Dual Natured Claims | Wilson Sonsini Goodrich & Rosati jdsupra.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from jdsupra.com Daily Mail and Mail on Sunday newspapers.
Delaware Court of Chancery Applies Direct/Derivative Distinction In Voting Context | Morris James LLP jdsupra.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from jdsupra.com Daily Mail and Mail on Sunday newspapers.
Key Takeaways Under Delaware law, following the acquisition of an entity through a cash-out or stock-for-stock merger, equityholders generally lose standing to pursue derivative claims in the name of the acquired entity unless certain limited exceptions apply. In 2015, Delaware’s Chancery Court, in Primedia, established a three-part test for determining when former equityholders have standing to pursue post-merger direct claims for a controller’s alleged failure to secure the value of a material derivative claim during the merger negotiations. Delaware’s Supreme Court has now, through Spectra Energy, adopted the Primedia test, but with two important clarifications: Apart from making a threshold determination about plaintiff’s allegations, a trial court may not apply any further litigation risk discount in assigning value to the plaintiff’s claims on a motion to dismiss. ....