Seller Post-Merger

Oct 29, 2024 | jdsupra.com | Seller Post-Merger |Matthew Fogg |Michael Owen

What should I do if I or a loved one has been involved in an airplane accident? If you or a loved one has been involved in an airplane accident, your first priority should be to seek medical attention. If you are the operator of the aircraft, federal regulations impose a requirement to notify the NTBS immediately by calling the 24-hour Response Operations Center at 844-373-9922.

Oct 25, 2024 | jdsupra.com | Seller Post-Merger |Ryan Keating |Joshua Meyeroff

What is considered medical malpractice? Medical malpractice, also known as medical negligence, occurs when a hospital, doctor, or other health care professional fails to comply with the standard of care and causes an injury to a patient. The standard of care refers to the requirement that a medical professional act as a reasonably prudent and diligent medical professional. How do you prove medical negligence?

Oct 23, 2024 | jdsupra.com | Seller Post-Merger

Delaware corporations are not permitted to pursue profits by violating the law. Under Caremark and its progeny, directors’ fiduciary duties include the good faith obligation to oversee and monitor the corporation’s compliance with laws and regulations that are material to its business. See In re Caremark International Derivative Litigation, 698 A.2d 959 (Del. Ch. 1996).

Sep 24, 2024 | jdsupra.com | Seller Post-Merger |Lewis H. Lazarus

Sections 205 and 225 of the Delaware General Corporation Law facilitate prompt determinations of the validity of corporate actions. The former permits the Delaware Court of Chancery to validate defective corporate acts under certain circumstances, thereby upholding actions taken in reliance upon the validity of those acts.

Sep 9, 2024 | jdsupra.com | Seller Post-Merger |Barnaby Grzaslewicz |Aubrey J. Morin

Biomerieux, Inc. v. Rhodes, C.A. No. N23C-10-067 (Del. Super. May 9, 2024). The default rule in Delaware is that the attorney-client privilege transfers from the target corporation to the surviving corporation in a merger. This rule was established by the Court of Chancery’s leading decision in Great Hill Equity Partners IV, LP v.