Vince Montoya-Armanios

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In Long-Awaited Match Decision, Delaware Supreme Court Expands MFW Requirements in Conflicted Controller Transactions | JD Supra

Apr 25, 2024 | jdsupra.com | Vince Montoya-Armanios |Michael Darby |Rick Horvath

April 25, 2024 Vince Montoya-Armanios, Michael Darby, Rick Horvath, Julia Markham Cameron, Eric Siegel Dechert LLP + Follow x Following x Following - Unfollow Contact To embed, copy and paste the code into your website or blog: Key Takeaways Delaware Supreme Court rejects attempt to limit MFW to controller buyout transactions.
In Long-Awaited Match Decision, Delaware Supreme Court Expands MFW Requirements in Conflicted Controller Transactions

Apr 24, 2024 | lexology.com | Michael Darby |Rick Horvath |Eric Siegel |Julia Cameron |Vince Montoya-Armanios

Key TakeawaysDelaware Supreme Court rejects attempt to limit MFW to controller buyout transactions. Supreme Court instead holds that all of MFW’s requirements for shifting the standard of review from entire fairness to business judgment rule apply to every transaction in which a controller stands on both sides and receives a non-ratable benefit.

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