Stinson Leonard Street Dodd Frank

MAKING SENSE OF DODD-FRANK

The Dodd-Frank Act has broad and deep implications that will touch every corner of financial services and multiple other industries. This site, developed and maintained by attorneys at Stinson Leonard Street, is dedicated to making sense of this complex legislation and helping businesses understand how it will affect them specifically. Our Bloggers »

Dodd-Frank M&A

Delaware Supreme Court Scolds Special Committee Member that Joins Law Firm

Litigation, M&A The Delaware Supreme Court upheld the Chancery Court decision in Chester County Retirement Systems v. Collins et al.  In so doing, it noted one troubling aspect of the record as follows: The plaintiff’s complaint pointed out the failure of the target to the merger to disclose that the chairman of its special committee was considering […] Read more →

by   |   June 18, 2017

Separate Shareholder Vote to Approve Insider Transaction Found Coercive Under Corwin

M&A Sciabacucchi v. Liberty Broadband Corporation (Del. Ch. 2017) involved Charter Communications, Inc.’s (“Charter” or the “Company”) acquisition of Bright House... Read more →

by   |   June 6, 2017

Defendants in Stock Purchase Indemnification Action Entitled to Advancement under Bylaws

M&A In Davis et al v. EMSI Holding Co., the Delaware Court of Chancery held that officers and directors of an acquired company were entitled to advancement under the acquired... Read more →

by   |   May 5, 2017

Court Finds Fraud Carve Out Ambiguous in Stock Purchase Agreement

M&A In EMSI Acquisition, Inc., v. Contrarian Funds, LLC et al, the Delaware Court of Chancery examined a fraud carve out from an indemnification cap and an action for confirmation of... Read more →

by   |   May 4, 2017