Source: http://clsbluesky.law.columbia.edu/2019/03/06/skadden-discusses-delaware-trends-affecting-ma-and-corporate-litigation/
Timestamp: 2019-04-23 06:53:43+00:00

Document:
1 Corwin v. KKR Fin. Holdings LLC, 125 A.3d 304 (Del. 2015).
2 Kahn v. M & F Worldwide Corp., 88 A.3d 635 (Del. 2014).
3 Schnatter v. Papa John’s Int’l, Inc., 2019 WL 194634, at *16 (Del. Ch. Jan. 15, 2019); see also KT4 Partners LLC v. Palantir Techs. Inc., 2019 WL 347934, at *10 n.76 (Del. Jan. 29, 2019) (quoting Schnatter, 2019 WL 194634, at *16).
4 191 A.3d 268 (Del. 2018), as revised (July 27, 2018).
5 Id. at 272 (citation omitted).
6 DFC Glob. Corp. v. Muirfield Value Partners, L.P., 172 A.3d 346 (Del. 2017).
7 Dell, Inc. v. Magnetar Glob. Event Driven Master Fund Ltd, 177 A.3d 1 (Del. 2017).
8 2018 WL 6719718 (Del. Ch. Dec. 19, 2018).
10 Cyan, Inc. v. Beaver Cty. Emps. Ret. Fund, 138 S. Ct. 1061 (2018).
11 This ruling will likely be appealed. Defendants already attempted to appeal the ruling, but the appeal was refused by the Delaware Supreme Court as interlocutory since the Court of Chancery had not yet resolved plaintiff’s request for legal fees. Salzberg v. Sciabacucchi, 2019 WL 549039 (Del. Feb. 12, 2019).
This post comes to us from Skadden, Arps, Slate, Meagher & Flom LLP. It is based on the firm’s memorandum, “Delaware Corporation Law: Trends Impacting M&A and Corporate Litigation in 2019,” dated February 28, 2019, and available here.

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