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Delaware Corporate & Commercial Litigation Blog

Highlights & Analysis of Key Decisions from Delaware's Supreme Court & Court of Chancery

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Chancery Enjoins BankAtlantic Sale to BB&T Corp.

By Francis Pileggi on February 28, 2012
Posted in Chancery Court Updates

In Re BankAtlantic Bancorp Inc. Litigation, Consol. C. A. No. 7068-VCL (Del. Ch. Feb. 27, 2012). This 42-page opinion of the Delaware Court of Chancery, along with a 14-page appendix to the opinion, permanently enjoined Bancorp from consummating the sale of its equity to BB&T Corporation, after a 3-day trial. This decision has received…

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Francis practices primarily in the areas of corporate and commercial litigation. His practice includes representation in high-stakes disputes for a wide range of clients in many industries
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