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Insights from Experience – Acquiring Public Benefit Corporations

Corporate purpose has been gaining attention in recent years, with increased focus from investors as well as other constituencies, including consumers and employees.

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The Ropes Recap: Mergers & Acquisition Law News


Time to Read: 1 minutes Practices: Mergers & Acquisitions

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Linked is the First Quarter 2016 edition of the Ropes & Gray M&A Newsletter. Topics addressed in this edition include:

News from the Courts

  • Court of Chancery Applies Entire Fairness Standard to Commercial Arrangement with Controlling Stockholder
  • Delaware Court Affirms that Entire Fairness is Operative Standard of Review for Controlling Stockholder Transaction that Did Not Satisfy MFW Factors
  • Court of Chancery Requires Affirmative Contractual Statement by Buyer Disclaiming Reliance on Extra-Contractual Representations in Context of a Merger Agreement to Bar Buyer’s Claim
  • Court of Chancery Applies Different Levels of Judicial Scrutiny to Different Actions Taken by Board in Response to Activist Stockholder
  • Court of Chancery Provides Guidance as to Information Demands by Corporate Stockholders and LLC Members/Managers
  • Delaware Court Continues to Scrutinize Disclosure-Only Settlement Cases
  • Federal Court Rejects Disclosure Claim Concerning Financial Advisor’s Premiums Paid Analysis
UK Updates

Asia Updates

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