Peak Frameworks

AUGUST 24, 2023

Given their growing influence, understanding their purpose, qualifications, and challenges can offer insight into the operational mechanisms of major corporations. Definition and Concept of an Independent Director This independence allows them to provide an unbiased perspective, making them an essential component of good corporate governance.

Government 52

Government Corporation Financial Statement Corporate Finance 52

Shearman & Sterling

JULY 18, 2017

On July 10, 2017, Vice Chancellor Tamika Montgomery-Reeves of the Delaware Court of Chancery found plaintiff was not bound by stock transfer restrictions under which the company had sought to revoke his ownership and was therefore entitled to inspect the books and records of a company in which he held stock. Phixios Holdings, Inc.,

Stock 52

Stock Corporation Government Securities 52

Business Standard - FInance

JULY 1, 2023

The chief of the Central Board of Indirect Taxes and Customs (CBIC) flagged that only 40 per cent of the corporate income taxpayer base is registered under Goods and Services Tax (GST). lakh businesses are registered under GST, launched 6 years ago on July 1, 2017. Currently, 1.39

Business 98

Business Corporation 98

Cooley M&A

SEPTEMBER 12, 2017

This two-day, multi-panel event will explore the development of corporate law, the evolving relationships between corporate stakeholders, M&A and what corporate lawmaking may look like in the future. October 26 – 27, 2017. Fairmont Hotel, San Francisco. More information.

Corporation 40

Corporation M&A 40

TechCrunch: M&A

APRIL 20, 2023

It’s a relative rarity in consumer electronics, a category dominated by corporations like Samsung, Apple and Sony, which are (perhaps understandably) somewhat risk averse. Co-founder and CEO Kyle Slater left Nura in 2017 and most recently served as the CPO of Melbourne-based medical technology company, Seer.

Medical 243

Medical Electronics IT Portfolio 243

Shearman & Sterling

MAY 7, 2019

On April 30, 2019, Vice Chancellor Tamika Montgomery-Reeves of the Delaware Court of Chancery held that plaintiff Freeman Family LLC ("Freeman"), a member of Park Avenue Landing LLC (the "Company"), is entitled to advancement pursuant to Delaware corporate case law. Freeman Family LLC v. Park Avenue Landing LLC, No.

Corporation 52

Corporation Management IT 52

Growth Business

NOVEMBER 2, 2023

By Dom Walbanke on Growth Business - Your gateway to entrepreneurial success Corporate venture capital is venture capital supplied by large corporates to high-growth start-ups. The likes of Google, BP and Unilever all have their own CVC divisions backing UK-based companies within their industries.

Corporation 52

Corporation Capital Investment Media 52

Shearman & Sterling

MARCH 14, 2017

On March 6, 2017, in a decision authored by Justice Margot Botsford, the Massachusetts Supreme Judicial Court affirmed the dismissal of an action for breach of fiduciary duty brought by former shareholders of EMC Corporation against its directors in connection with its merger with Dell Inc., 129 Benefit Fund v. Tucci, SJC-12137 (Mass.

Corporation 40

Corporation IT Funds Mergers 40

Shearman & Sterling

JANUARY 30, 2017

On January 24, 2017, Vice Chancellor Sam Glasscock III of the Delaware Court of Chancery granted summary judgment in favor of plaintiff, a shareholder of Nutrisystem, Inc., On January 24, 2017, Vice Chancellor Sam Glasscock III of the Delaware Court of Chancery granted summary judgment in favor of plaintiff, a shareholder of Nutrisystem, Inc.,

Corporation 40

Corporation Shares IT 40

Shearman & Sterling

NOVEMBER 21, 2017

On November 13, 2017, Vice Chancellor J. the "Company") under Delaware General Corporation Law Section 220. 2017-0138-VCL (Del. Travis Laster of the Delaware Court of Chancery rejected a stockholder's demand to inspect books and records of A. Shulman, Inc. Wilkinson v. A Schulman, Inc.,

Corporation 52

Corporation 52

Cleary M&A and Corporate Governance Watch

MAY 12, 2023

In a recent decision, the Delaware Court of Chancery grappled with the question whether—and to what extent—claims for breach of fiduciary duty can be waived ex ante in a corporate shareholder agreement. Specifically, in New Enterprise Associates 14 LP v. in the case of fraud). [3] This view is not entirely accurate.

Corporation 52

Corporation Investors Negotiation M&A 52

Shearman & Sterling

APRIL 25, 2017

On April 17, 2017, Chancellor Andre G. Bouchard of the Delaware Court of Chancery ruled, in a post-trial decision, that defendant Cypress Semiconductor Corporation ("Cypress") must allow plaintiff and former Cypress CEO, T.J. § 220. Cypress Semiconductor Corp., 0070-AGB (Del.

Corporation 52

Corporation 52

Business Standard - FInance

JULY 3, 2023

Central Board of Indirect Taxes and Customs (CBIC) member (GST) Shashank Priya said the department is working to expand the taxpayer base and doing data triangulation with the corporate taxpayers in income tax regime. As per data, currently, only 40 per cent of the corporate income taxpayer base is also registered under GST.

Corporation 52

Corporation Business 52

Shearman & Sterling

JULY 18, 2017

On July 10, 2017, Vice Chancellor Tamika Montgomery-Reeves of the Delaware Court of Chancery found plaintiff was not bound by stock transfer restrictions under which the company had sought to revoke his ownership and was therefore entitled to inspect the books and records of a company in which he held stock. Phixios Holdings, Inc.,

Stock 40

Stock Corporation Government Securities 40

Shearman & Sterling

OCTOBER 17, 2017

On October 12, 2017, Vice Chancellor Sam Glasscock III of the Delaware Court of Chancery agreed to impose an "incorporation-by-reference" condition on any production by Universal Health Services, Inc. ("UHS") in response to a books-and-records demand under Delaware General Corporation Law Section 220. 2017-0322-SG (Del.

Corporation 52

Corporation 52

Shearman & Sterling

AUGUST 8, 2017

On July 27, 2017, Vice Chancellor Joseph R. 2017-0018-JRS (Del. July 27, 2017). The demand under Section 220 of the Delaware General Corporation Law, 8 Del. Genworth Fin.,

Corporation 52

Corporation 52

Shearman & Sterling

MAY 7, 2019

On April 30, 2019, Vice Chancellor Tamika Montgomery-Reeves of the Delaware Court of Chancery held that plaintiff Freeman Family LLC ("Freeman"), a member of Park Avenue Landing LLC (the "Company"), is entitled to advancement pursuant to Delaware corporate case law. Freeman Family LLC v. Park Avenue Landing LLC, No.

Corporation 40

Corporation Management IT 40

Shearman & Sterling

FEBRUARY 14, 2017

On February 9, 2017, the Supreme Court of the State of Delaware affirmed the dismissal of a breach of fiduciary duty action brought by former shareholders of Volcano Corporation in connection with the acquisition of Volcano in a two-step all-cash tender offer and merger pursuant to Delaware General Corporation Law Section 251(h).

Mergers 52

Mergers Mergers and Acquisitions Shares Business 52

Shearman & Sterling

JULY 25, 2017

On July 21, 2017, Vice Chancellor J. Sprint Corporation, et al. & Clearwire Corporation, C.A. July 21, 2017). per share, notwithstanding that the transaction closed at $5.00 per share, notwithstanding that the transaction closed at $5.00 ACP Master, Ltd., & ACP Master, Ltd., 8508-VCL, C.A. 9042-VCL (Del.

Discounted Cash Flow 52

Discounted Cash Flow DCF Corporation Mergers 52

Shearman & Sterling

JANUARY 9, 2017

On January 4, 2017, Vice Chancellor Tamika Montgomery-Reeves of the Court of Chancery of the State of Delaware dismissed a putative class action complaint against United Capital Corporation ("United Capital"), its board of directors, and A.F. In re United Capital Corp., Stockholders Lit., 11619-VCMR (Del.

Mergers 52

Mergers Capital Stock Corporation 52

Shearman & Sterling

JULY 23, 2019

2017-0931-JTL (Del. As we discussed in a prior post, Vice Chancellor Laster had previously granted summary judgment to a shareholder challenging the validity of forum-selection charter provisions adopted by three corporations requiring shareholders to litigate claims under the Securities Act of 1933 in federal courts. Salzberg, C.A.

Corporation 52

Corporation Securities 52

Shearman & Sterling

NOVEMBER 14, 2017

Lawal, C.A. 11963 (Del. Plaintiff alleged that the CEO—who together with an affiliated entity (Allied's parent company) controlled nearly 60% of Erin's shares—effectively stood on all sides of the challenged transactions and negotiated in his own self-interest.

Corporation 52

Corporation Negotiation Shares Investment 52

Shearman & Sterling

AUGUST 22, 2017

On August 17, 2017, Chancellor Andre G. Bouchard of the Delaware Court of Chancery dismissed a shareholder suit asserting breach of fiduciary duty claims against the directors of MeadWestvaco Corporation ("MW") in connection with MW's strategic stock-for-stock merger with Rock-Tenn Company ("RockTenn").

Mergers 52

Mergers Stock Corporation Investors 52

Shearman & Sterling

MARCH 7, 2017

On February 27, 2017, Vice Chancellor Sam Glasscock III of the Delaware Court of Chancery dismissed for lack of standing a lawsuit for inspection of corporate books and records brought by a former stockholder squeezed out in a two-step merger. 12931-VCG, 2017 WL 752179 (Del. Weingarten v. Monster Worldwide Inc.,

Corporation 40

Corporation Mergers Shares 40

Shearman & Sterling

JULY 18, 2017

July 13, 2017). § 251(h). Berkman, C.A. 12844-VCMR (Del. Relying on Corwin v. KKR Financial Holdings LLC, 125 A.3d 3d 304 (Del. 2015) and In re Volcano Corp. Stockholder Litigation, 143 A.3d 3d 727 (Del.

Mergers 52

Mergers Mergers and Acquisitions Corporation Acquisitions 52

Shearman & Sterling

NOVEMBER 21, 2017

On November 13, 2017, Vice Chancellor J. the "Company") under Delaware General Corporation Law Section 220. 2017-0138-VCL (Del. Travis Laster of the Delaware Court of Chancery rejected a stockholder's demand to inspect books and records of A. Shulman, Inc. Wilkinson v. A Schulman, Inc.,

Corporation 40

Corporation 40

Shearman & Sterling

FEBRUARY 14, 2017

On February 2, 2017, in Gordon v. Verizon Communications, Inc., 653084/13 (N.Y. at *21; see also In re Colt Indus. S'holder Litig., 2d 154 (N.Y. 1990), aff'd as modified sub nom. Colt Indus. S'holder Litig.

Mergers 52

Mergers Corporation Acquisitions 52

Shearman & Sterling

JUNE 27, 2017

On June 19, 2017, the Supreme Court of Delaware affirmed the dismissal of a shareholder derivative suit against the board of directors of The Bank of New York Mellon Corporation ("BNYM") in which plaintiff had asserted a breach of fiduciary duty claim regarding certain alleged misconduct in the bank's foreign currency exchange business.

Business 52

Business Bank Banking Corporation 52

Shearman & Sterling

SEPTEMBER 6, 2017

Stern, C.A. 12498-VCG (Del.

Mergers 52

Mergers Manufacturing Sale Corporation 52

Shearman & Sterling

APRIL 25, 2017

On April 17, 2017, Chancellor Andre G. Bouchard of the Delaware Court of Chancery ruled, in a post-trial decision, that defendant Cypress Semiconductor Corporation ("Cypress") must allow plaintiff and former Cypress CEO, T.J. § 220. Cypress Semiconductor Corp., 0070-AGB (Del.

Corporation 40

Corporation 40

Shearman & Sterling

JUNE 16, 2017

May 31, 2017). Sciabacucchi v. Liberty Broadband Corp., 11418-VCG (Del.

Mergers and Acquisitions 52

Mergers and Acquisitions Shares Acquisitions Corporation 52

The TRADE

DECEMBER 12, 2023

Since its launch in 2017, Tradeweb AllTrade’s institutional all-to-all trading now represents 228% of RFQ electronic volume. “Our goal is to facilitate end-to-end credit workflow and allow clients to tap varied sources of liquidity,” said Elisabeth Kirby, managing director, head of market structure at Tradeweb.

Trading 81

Trading Electronics Retail Management 81

Shearman & Sterling

JUNE 16, 2017

On May 26, 2017, Vice Chancellor J. May 26, 2017) (Transcript). Shortly thereafter, according to a transcript of a June 1, 2017 settlement conference, the advisor settled the claims against it for $35 million, to be funded pursuant to the indemnification agreement. In re Good Tech. Stockholder Litig., 11580-VCL (Del. Read more

Mergers 52

Mergers Funds Corporation Acquisitions 52

Shearman & Sterling

SEPTEMBER 26, 2017

On September 18, 2017, Judge John Michael Vazquez of the U.S. In so holding, the Court agreed with plaintiffs that the surviving bank, BCB, had inherited Pamrapo's D&O policy following the merger in accordance with the New Jersey Business Corporation Act ("NJBCA"). Read more

Insurance 52

Insurance Bank Banking Mergers 52

Shearman & Sterling

JANUARY 8, 2019

2017-0931-JTL (Del. The case involved three corporations that adopted federal forum-selection provisions for Securities Act claims in their respective certificates of incorporation prior to their initial public offerings. ." Sciabacucchi v. Salzberg, C.A.

Initial Public Offering 52

Initial Public Offering Securities Corporation Stock 52

Shearman & Sterling

MAY 9, 2017

On May 4, 2017, Chancellor Andre G. May 4, 2017). and the like"—are "prototypical examples of corporate harm that can be pursued only derivatively." In re Massey Energy Company Derivative and Class Action Litigation, C.A. In re Massey Energy Company Derivative and Class Action Litigation, C.A. 5430-CB (Del.

Mergers 52

Mergers Corporation Shares Management 52

Chesapeake Corporate Advisors

MAY 6, 2024

Baltimore, MD, May 7, 2024 – Chesapeake Corporate Advisors (CCA), a boutique investment banking and corporate advisory firm in the Mid-Atlantic region, announced that Timothy Brasel has been named a Managing Director in the firm’s investment banking group. Tim holds a B.S. from the Robert H.

Management 52

Management Investment Banking Middle Market Boutique 52