Arnold & Porter Discusses Delaware Chancery Ruling in Microsoft-Activision Blizzard Deal

By Andrew Varner, Joel I. Greenberg, Steven Kaplan and Alice Lin March 19, 2024 by renholding

On February 29, the Delaware Chancery Court declined to dismiss claims that the process followed in obtaining board and stockholder approval of the merger of Activision Blizzard, Inc. with a subsidiary of Microsoft failed to comply with the requirements of …

Going Private Outside Delaware: Holes in the Director Raincoat and Other Concerns

By Matthew G. Doré April 12, 2022 by renholding

Meade v. Christie et al., an interlocutory appeal in a shareholder class action challenging a going private merger, is currently pending before the Iowa Supreme Court.[1] The appeal will test the strength of a director-liability shield law patterned on …

The CLS Blue Sky Blog

Columbia Law School's Blog on Corporations and the Capital Markets

board approval

Arnold & Porter Discusses Delaware Chancery Ruling in Microsoft-Activision Blizzard Deal

Going Private Outside Delaware: Holes in the Director Raincoat and Other Concerns