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Chancery Court Finds Corwin</em. Applicable to Merger Transaction Negotiated with 33.5% Stockholder

Posted by on Monday, September 10, 2018 in Delaware Corporate Law Bulletins, En Banc.

Robert S. Reder | 72 Vand. L. Rev. En Banc 51 | In Re Rouse Properties, Inc. | Chancery Court Finds Corwin Applicable to Merger Transaction Negotiated with 33.5% Stockholder |

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Chancery Court Determines that large “minority blockholder” did not exhibit sufficient indicia of control to defeat application of Corwin.