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

Independent Directors, Law Firm and Financial Advisor not Liable for Omissions in Private Tender Offer

Litigation, M&A R.L. Polk & Co. Inc., a private company, was allegedly more than 90% controlled by the Polk family. The Company was in the consumer marketing business with holdings such as Carfax, Inc.  In March 2011, the Company initiated a self-tender to purchase 37,037 shares of its common stock at $810 per share in cash.  A […] Read more →

by   |   July 26, 2017

A Working Capital True Up is not an End Run on a Liability Bar

M&A, Private Equity In Chicago Bridge & Iron Co. N.V. v. Westinghouse Electric Co. LLC, the Delaware Supreme Court examined the interaction between a working capital true up and alleged breaches... Read more →

by   |   June 27, 2017

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... 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