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Court Of Chancery Explains Basis To Expedite
By Morris James LLP on June 21, 2014
Posted In Injunctions
In Re TriQuint Semiconductor Inc. Stockholder Litigation, C.A. No. 9415-VCN (June 13, 2014)
This decision explains when the Court of Chancery will expedite an action attacking a proposed merger. At least a colorable claim must be alleged and in particular a showing of some disqualification on the part of the directors who approved the merger is almost a prerequisite.
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