Article Wolters Kluwer's Securities Regulation Daily

Shielding Mergers from Fiduciary Duty Claims Requires Full Disclosure and a Fair Process

Matthew Solum has authored an article regarding key cases following the Supreme Court of Delaware's 2015 decision in Corwin v. KKR Financial Holdings, which held that litigation challenges to mergers are subject to the deferential "business judgment" standard of review when the transaction was approved by the "fully informed, uncoerced majority of disinterested stockholders."

Read the full article