Delaware Supreme Court Reverses Dismissal of Fiduciary Breach Claims Against Target Company Directors
ABSTRACT
Determines that Corwin did not warrant early dismissal because tendering stockholders were not “fully informed” of the reasons underlying Board Chairman’s abstention
AUTHORS
Robert S. Reder
Professor of the Practice of Law at Vanderbilt University Law School, has been serving as a consulting attorney at Milbank, Tweed, Hadley & McCloy LLP in New York City since his retirement as a partner in April 2011.
John L. Daywalt
Vanderbilt University Law School, J.D. Candidate, May 2018.