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

CEO’s Statements Preclude Reliance on Deal Price in Appraisal Proceeding

M&A The recent decisions by the Delaware Supreme Court regarding appraisal rights decisions in DFC and Dell provide that the appraisal statute requires that the trial judge must consider “all relevant factors,” and that no presumption in favor of transaction price obtains. Where, however, the transaction price represents an unhindered, informed, and competitive market valuation, the […] Read more →

by   |   February 23, 2018

Delaware Supreme Court Finds Failure to Disclose Director Dissent in M&A Transaction Material

M&A The Delaware Supreme Court found the failure to disclose the Chairman of the Board’s dissent to a tender offer in a Schedule 14D-9 to be material in Appel v. Berkman.  The case... Read more →

by   |   February 20, 2018

Delaware Supreme Court Reverses Dell Appraisal Decision

M&A The Delaware Supreme Court has reversed the Court of Chancery’s appraisal decision in Dell, Inc. v. Magnestar Global Event Driven Master Fund Ltd. et al.  The Chancery Court... Read more →

by   |   December 14, 2017

U.S. House of Representatives Acts To Codify Registration Exemption for M&A Brokers

Broker-Dealer, M&A On December 7, 2017, the U.S. House of Representatives passed the “Small Business Mergers, Acquisitions, Sales and Brokerage Simplification Act of 2017 (H.R. 477).” The... Read more →

by   |   December 10, 2017