Showing 2 posts in TRO.
Court Of Chancery Explains How To Set A TRO Bond
Applied Energetics Inc. v. Farley, C.A. 2018-0489-TMR (August 14, 2018)
A plaintiff who obtains a TRO must post a bond to cover any damages the defendant may suffer from the TRO. How to calculate the amount of that bond is often difficult. This decision does a good job of explaining how to make that calculation.
ShareCourt of Chancery Declines To Restrain Controller In Proposed Viacom-CBS Deal
Arising out of the highly-publicized dispute over the proposed transaction involving CBS and Viacom, each controlled by the Redstones, this decision is both front-page newsworthy and legally significant. CBS and Viacom used to be one entity but split. The Redstones retained voting control in each through a dual-class voting structure. Later, the Redstones began pushing to merge the entities once again and both entities formed special committees to consider the proposal. More ›
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