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Significant Recent Decisions Relevant To Private Company M&A - Directors and Officers - Vimarsana News

Significant Recent Decisions Relevant To Private Company M&A - Directors and Officers

In navigating the complex world of private company mergers and acquisitions (M&A), understanding recent legal decisions is paramount. This white paper serves as a guide...

Source: mondaq.com
New Enterprise Associates: Stockholders' advance waiver of fiduciary duty claims is enforceable | Hogan Lovells - Vimarsana News

New Enterprise Associates: Stockholders' advance waiver of fiduciary duty claims is enforceable | Hogan Lovells

In New Enterprise Associates 14. v. Rich, the court held that a covenant not to sue in a voting agreement executed by sophisticated stockholders was facially enforceable even though it...

Fiduciary Duty Waiver Upheld By Delaware Court - Corporate and Company Law - Vimarsana News

Fiduciary Duty Waiver Upheld By Delaware Court - Corporate and Company Law

Recently, the Delaware Chancery Court upheld a waiver of fiduciary duty under a stockholders' agreement where the plaintiffs were sophisticated and were not compelled to agree.

Source: mondaq.com
Too Big to Waive? Enforceability of Drag-Along Covenants Not-to-Sue | Farrell Fritz, P.C. - Vimarsana News

Too Big to Waive? Enforceability of Drag-Along Covenants Not-to-Sue | Farrell Fritz, P.C.

In the world of venture capital, there are certain investor rights that ensure the smooth execution of exit transactions.  The primary such mechanism is the drag-along provision, under...

Delaware Court of Chancery Offers Guidance on Enforceability of Contractual Waivers Not to Sue for Breach of Fiduciary Duty | Dechert LLP - Vimarsana News

Delaware Court of Chancery Offers Guidance on Enforceability of Contractual Waivers Not to Sue for Breach of Fiduciary Duty | Dechert LLP

Delaware Court of Chancery holds contractual waivers of fiduciary duties are facially valid when they are both narrowly tailored to authorize specific transactions and satisfy the...