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Summaries and analysis of recent Delaware court decisions concerning business-related litigation.
Morris James Blogs
Court Of Chancery Again Explains How To Do Sale Of A Company
Whether a stockholder or many stockholders acting as a group are in control of the process to sell a company has profound effects on the judicial review of what is done. As this decision points out, "control" may be exercised over just part of the process as well. Hence, this decision is a good explanation of when there is such control.