Many blog posts here have summarized recent cases from the Delaware courts involving the duties of controlling shareholders who attempt to buy the remaining shares of a company. In the past few days, the business press has prominently featured a current example of that situation. The Dolan family owns a controlling interest in the publicly-traded company Cablevision Systems, and they want to take it private. Predictably, a lawsuit has been filed to challenge the transaction. For interesting commentary, and links to sources on the matter, see Adam Savett’s blog called "Lies, Damn Lies and Forward Looking Statements". Here is the link: Lies, Damn Lies, & Forward Looking Statements