Community Deserves Profits From Separate Business Investment
Appellate court affirms trial court’s decision to apportion most of the stock sale proceeds the husband reaped during marriage in connection with a company he set up before marriage to the community under Pereira, finding that during marriage, he became t ...
Goldfarb v. Yelton
Appellate court affirms trial court’s decision to apportion most of the stock sale proceeds the husband reaped during marriage in connection with a company he set up before marriage to the community under Pereira, finding that during marriage, he became t ...
Entire Fairness Versus Solomon Standard
The minority shareholders of Pure Resources, Inc. filed a motion for preliminary injunction to block the tender offer, which was to be followed by a short-form merger, initiated by majority shareholder Unocal Corp.
Pure Resources, Inc. v. Shareholders Litigation
The Delaware Court of Chancery found that the underlying analyses thta formed the basis for an investment banker's fairness opinion should have been disclosed to the shareholders, and that such information was material to a shareholder's decision to tende ...
Underlying Fairness Opinions’ Analyses Are Material Information
The Delaware Court of Chancery found that the underlying analyses that formed the basis for an investment banker's fairness opinion should have been disclosed to the shareholders and that such information was material to a shareholder's decision to tender his shares in connection with a tender offer the controlling shareholder made.