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Delaware Supreme Court Overrules Gentile Carve-out, Holding An Improper Transfer Of Economic Value And Voting Power To A Controlling Stockholder Through An Equity Overpayment Is A Derivative Claim

Shearman & Sterling

Brookfield Asset Management, Inc. 2004), and expressly overruled Gentile and its carve-out from Tooley. Valihura, the Delaware Supreme Court sitting en banc reversed the denial of defendants' motion to dismiss breach of fiduciary duty claims brought by former stockholders of TerraForm Power, Inc. the "Company").

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Delaware Supreme Court Overrules Gentile Carve-out, Holding An Improper Transfer Of Economic Value And Voting Power To A Controlling Stockholder Through An Equity Overpayment Is A Derivative Claim

Shearman & Sterling

Brookfield Asset Management, Inc. 2004), and expressly overruled Gentile and its carve-out from Tooley. Valihura, the Delaware Supreme Court sitting en banc reversed the denial of defendants' motion to dismiss breach of fiduciary duty claims brought by former stockholders of TerraForm Power, Inc. the "Company").

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Trading at the frontier

The TRADE

She joined Ninety One in 2021 from Royal London Asset Management where she had been head of dealing for three years. He moved to Investec Asset Management – now Ninety One – in 2004 in an operations role before moving onto the dealing desk covering money markets and some FX in 2007 just in time for the global financial crisis. “It

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