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Delaware Court Of Chancery Validates Ratification Of Defective Corporate Acts Impacting Merger And Declines To Expand Universe Of Claims Classified As Both Direct And Derivative

Shearman & Sterling

Bouchard of the Delaware Court of Chancery denied all of plaintiffs' claims challenging a series of transactions culminating in the acquisition of defendant Design Within Reach, Inc. ("DWR") by Herman Miller, Inc. ("HM") in July 2014. Separately, the Court rejected breach of fiduciary duty claims unrelated to the merger.

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Delaware Court Of Chancery Validates Ratification Of Defective Corporate Acts Impacting Merger And Declines To Expand Universe Of Claims Classified As Both Direct And Derivative

Shearman & Sterling

Bouchard of the Delaware Court of Chancery denied all of plaintiffs' claims challenging a series of transactions culminating in the acquisition of defendant Design Within Reach, Inc. ("DWR") by Herman Miller, Inc. ("HM") in July 2014. Separately, the Court rejected breach of fiduciary duty claims unrelated to the merger.

Mergers 52
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Shareholders vs. Stakeholders - Understanding Corporate Responsibilities

Peak Frameworks

In the world of finance and corporate responsibility, two terms frequently arise: "stakeholder" and "shareholder." A shareholder is an individual or entity that owns shares or stock in a corporation. What is a Shareholder? By virtue of their ownership, they possess a direct financial interest in the company's success.

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FOCUS Investment Banking Represents The LABRADOR Group in its acquisition of Argyle

Focus Investment Banking

Since 2010, LABRADOR has also developed a very successful subsidiary in the United States with customers such as Delta, Google/Alphabet, Caterpillar, Activision, Moderna. With the acquisition of Argyle, the LABRADOR group is achieving its strategic priority to create a multinational company with offices in Paris, Atlanta, New York and Manila.

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Intrepid Expands Capital Advisory Group with Special Situations Veterans Lorie Beers and Kenneth Garnett

Intrepid Banker Insights

Previously, Lorie held senior banker roles at StormHarbour Securities, Variant Capital Advisors, Seabury Group, KPMG Corporate Finance and Gordian Group. The firm, founded in 2010 in Los Angeles, recently announced additional key senior banker hires and the opening of offices in New York, Charlotte, Chicago, and Menlo Park.

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Advisor Feature: Jimmy Span in the Grand Strand 

Viking Mergers & Acquisitions

During his time in Corporate America, Jimmy was a certified Project Management Professional and oversaw some of the largest projects in the geospatial industry. Jimmy left Corporate America to assist business owners in selling their businesses in 2010. I see my business engagements through a project management lens.

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Hart-Scott-Rodino Act Thresholds Decrease for 2021

Cooley M&A

This is the first time since 2010 that the thresholds have fallen, and only the second time since 2004, when the thresholds started to adjust annually. This means that acquisitions of more than $368 million will be reportable regardless of whether the size-of-person threshold is met (unless an exemption applies). million to $18.4