Posted on December 2, 2008 by Francis G.X. Pileggi

Supreme Court Reverses Appraisal Opinion

In Crescent/Mach I Partners L.P. v. Dr. Pepper Bottling Co. of Texas, (Del. Supr., December 1, 2008), read opinion here, the Delaware Supreme Court (in a rare occurrence) reversed the Chancery Court on a procedurally unusual basis in an appraisal case that was previously highlighted on this blog here. (That... Continue Reading...
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Posted on August 19, 2008 by Francis G.X. Pileggi

Chancery Refuses Postponement of Shareholder Meeting Date

In Steel Partners II, L.P. v. Point Blank Solutions, Inc., 2008 WL 3522431 (Aug. 12, 2008), the initial complaint was filed to force the holding of a shareholders meeting (which had not taken place since 2005), pursuant to DGCL Section 211. After a stipulation was entered into for a date... Continue Reading...
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