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Court Of Chancery Shows How A Late Stage Summary Judgment Motion Works

Posted In M&A

In Re Answers Corporation Shareholders Litigation, C.A. 6170-VCN (February 3, 2014)

This is an excellent review of Delaware law on how to carry out the sale of a company.  Perhaps more novel, however, is how the Court deals with a summary judgment motion at a late stage of a case and where there are apparently conflicting factual claims. For after all discovery is done, the Court shows that it is more willing to weigh the evidence to some degree and rule that the plaintiff's' claims just do not get to trial.

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