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

Court Examines Disclosure Duties in Consent Solicitaion Removing Directors

M&A In Kerbawy v. McDonnell, the Delaware Court of Chancery affirmed the validity of a solicitation of written consents that removed certain directors and appointed new directors. A key theme of the opinion is that stockholders are free to act unilaterally by written consent and an incumbent board is not entitled to a “full and fair […] Read more →

by   |   August 26, 2015

Court Reviews Validity of Escrow Claims

Litigation, M&A Gore, et al., v. Al Jazeera America Holdings I, Inc. emphasizes not only the necessity to carefully draft indemnification claim provisions in merger agreements but the need to... Read more →

by   |   August 13, 2015

Option Holders Cannot be Burdened With Escrow in Merger Transaction

M&A In Fox v. CDX Holdings, Inc., the Delaware Court of Chancery held that option holders could not be burdened by an escrow imposed on equity holders in a merger transaction when the... Read more →

by   |   July 28, 2015

Court Permits Settlement of Appraisal Demands on Terms Not Available to All Dissenters

Litigation, M&A Tiny deals can bring large complications.  Mannix v. PlasmaNet, Inc. involved appraisal rights in a merger where the merger consideration, after adjustments, amounted to... Read more →

by   |   July 21, 2015