Mergers & Acquisitions,
Corporate
Oct. 16, 2015
The battle of business judgment and entire fairness
A discussion of the the Delaware Supreme Court's Corwin decision.
Marc Boiron
Associate
Rutan & Tucker LLP
Email: mboiron@rutan.com
Marc focuses his practice on transactional matters involving emerging and mid-market companies in the areas of California and Delaware corporate laws.
TRANSACTIONS WITH BOIRON
In Corwin v. KKR Financial Holdings LLC, 629, 2014 (Oct. 2, 2015), the Delaware Supreme Court affirmed the Court of Chancery's decision that the approval of the board of directors of a Delaware corporation will be reviewed under the business judgment rule where a merger that is not subject to the entire fairness standard of review is approved by a fully informed, uncoerced vote of a majority of the minority stoc...
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