Unanimous Delaware Supreme Court Addresses Revlon and Caremark Issues

Lyondell Chemical Co. v. Ryan, Del. Supr. (March 25, 2009), read opinion here. See revised opinion of April 16, 2009 here. The Delaware Supreme Court rendered this unanimous en banc decision last evening. It was much anticipated in the corporate law world and in the few hours since its release... Continue Reading...

Ryan v. Lyondell: Chancery Denies Interlocutory Appeal

Ryan v. Lyondell is a major Chancery Court decision issued about a month ago that has generated a substantial amount of commentary by experts and practitioners alike. A summary of the case and commentary by Professors Ribstein and Bainbridge are compiled here. The newest development in this case came by... Continue Reading...

Major Decision by Chancery Court on Corporate Law Aspects of Mergers and Acquisitions

In Ryan v. Lyondell Chemical Company, (Del. Ch., July 29, 2008), read opinion here, the Delaware Chancery Court rendered a decision that is "must reading" for anyone who needs to know the latest developments in Delaware corporate law involving mergers and acquisitions. One reason why this case will attract a... Continue Reading...