The Ropes Recap: Mergers & Acquisitions Law News
Linked is the Third Quarter 2015 edition of the Ropes & Gray M&A Newsletter. Topics addressed in this edition include:
News from the Courts
- Delaware Court Awards $148 Million in Damages, as Fiduciaries’ Bad Faith Conduct Prevented Stockholders from Obtaining a “Fairer Price” in Take-Private Transaction
- Delaware Court Denies Claims for Advancement in Two Recent Cases on the Basis of “By Reason of the Fact” Standard
- Delaware Court Continues to Scrutinize Disclosure-Only Settlement Cases
- Technicalities Disqualify Dell Stockholders’ Appraisal Rights under “Continuous Holder” Requirements
- Delaware Supreme Court Confirms Effect of Majority Vote of Disinterested, Informed Stockholders
Accounting Standards Update
- The End of Extraordinary Items
- FASB Proposes “Materiality” Guidance