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High court sets review for Trump-Carroll judgment

High Court Sets Review for Trump-Carroll Judgment ...
JD Supra

Delaware Supreme Court Reverses Chancery Court and Applies Business Judgment Review to Reincorporation

The Case: Controlled companies and their directors appealed the denial of their motions to dismiss claims by stockholder-plaintiffs challenging the conversions of the companies from Delaware to Nevada ...
Law

Del. Supreme Court Emphasizes Certainty and Predictability in Applying Business Judgment Rule to Reincorporation Decisions

In Maffei v. Palkon (TripAdvisor), --- A.3d ---, 2025 WL 384054 (Del. Feb. 4, 2025), the Delaware Supreme Court, sitting en banc, reversed the Delaware Court of Chancery’s decision applying the entire ...
JD Supra

Delaware Supreme Court Reverses Chancery Court, Holds Business Judgment Review Applicable to Tripadvisor’s Decision to Reincorporate in Nevada

Delaware corporations contemplating conversion to another state should take note of the Delaware Supreme Court’s recent decision in Maffei, et al. v. Palkon, et al., in which the court ruled that ...
Deadline.com

Menendez Brothers Case: L.A. District Attorney Conducting “Review” Of Evidence From 1990s Trial, Parses Judgment On Resentencing & Original Proceedings

Back in the news with Ryan Murphy’s Netflix hit Monsters: The Lyle and Erik Menendez Story, the siblings’ sordid decades-old murder case today found itself in the spotlight again thanks to the Los ...
Law

Going-Private Transactions and Business Judgment Rule

Joel C. Haims, Jamie A. Levitt and James J. Beha II write: As a result of the more stringent review applied to interested-party transactions, going-private transactions and other controlling ...