Home -> Law Blog Directory -> Litigation Blogs -> Delaware Corporate and Commercial Litigation Blog
OR PHONE (866) 635-1838 for Bankruptcy Help, (866) 635-6190 for Divorce,
(866) 635-2689 for Personal Injury or (866) 635-9402 for Criminal Defense
(866) 635-2689 for Personal Injury or (866) 635-9402 for Criminal Defense
Find a Local Lawyer
Bankruptcy (866) 635-1838
Divorce (866) 635-6190
Personal Injury (866) 635-2689
Criminal Defense (866) 635-9402
Divorce (866) 635-6190
Personal Injury (866) 635-2689
Criminal Defense (866) 635-9402
Litigation
: Delaware Corporate and Commercial Litigation BlogChancery Enjoins Del Monte Deal for 20 Days
By Francis G.X. Pileggi
ADVERTISEMENTS
The Delaware Court of Chancery this week enjoined both the shareholder vote on a premium LBO transaction and the buyers' 'deal protection' devices in the case of In re Del Monte Foods Co. S'holders Litig., C.A. No. 6027-VCL (Del. Ch. Feb. 14, 2011). The Court held that the advice the target's board received from its financial advisor (who also did work for the deal with the bidder), was so conflicted as to give rise to a likelihood of a breach of fiduciary duty and read more
Full post as published by Delaware Corporate and Commercial Litigation Blog on February 15, 2011 (boomark / email).
Related Searches
Are you the author of this blog? Adding USLaw.com to your Blogroll increases relevance. You qualify to display a USLaw Network badge.
Suggest changes to this blog's description or nominate another for inclusion. Register for updates.

Court Of Chancery Creates Unique Remedy
Delaware Vice-Chancellor Blasts Barclays, Halts $5.3 Billion Del Monte Buyout
Buyout and Deal Protections Enjoined due to Conflicted Advisor
The Delaware Chancery Court: Big Changes Coming
Court Of Chancery Explains Selection Of Lead Counsel
Delaware in the News: Airgas and Del Monte









