Topic
Take-Private Transactions
9 published works
Massachusetts Chapter 93A Insights
Massachusetts Business Litigation Session Holds Unregistered Broker Cannot Recover $20 Million Success Fee for Take-Private Transaction
By David G. Thomas, Angela C. Bunnell, Diana A. Balluku, Abby Druhot
A Massachusetts Business Litigation Session decision underscores how federal securities laws can affect contract and Chapter 93A claims involving success fees.
The D&O Diary
A Delaware Take-Private Suit and Controller Buyout D&O Risk
By Sarah Abrams
In recent years, leveraged buyouts have once again become a significant source of corporate and securities litigation risk, particularly where founder‑led or controller‑influenced companies pursue take‑private transactions with private equity…
Canadian Lawyer Mag
Desjardins to acquire Guardian Capital Group in $1.67 billion take-private deal
Stikeman Elliott advising Desjardins; BLG and Torys representing Guardian Capital
Canadian Lawyer Mag
Blakes assists Apollo Funds in $8.7 billion take-private deal of IGT Gaming, Everi
Clio's US$900 million legal tech funding also in deals roundup
Cleary M&A and Corporate Governance Watch
Delaware Chancery Court’s Mindbody Decision – Lessons for Private Equity Buyers in Take-Private Transactions
By John A. Kupiec, Mark E. McDonald, Nickolas Bogdanovich, Jessica Cymbaluk, Yuan He
In a recent opinion addressing breaches of fiduciary duties and disclosure violations in connection with a take-private of Mindbody, Inc. by Vista Equity Partners, the Delaware Court of Chancery reinforced…
Cleary M&A and Corporate Governance Watch
Delaware Supreme Court Provides Significant Guidance on Timing Requirement Under MFW
By Roger A. Cooper, Rishi N. Zutshi
In its recent Synutra opinion, the Delaware Supreme Court clarified that take-private transactions will be reviewed under the business judgment rule, so long as the controlling stockholder commits to special…
Cleary M&A and Corporate Governance Watch
Delaware Supreme Court Provides Significant Guidance on Timing Requirement Under MFW
By Roger A. Cooper, Rishi N. Zutshi, Vanessa C. Richardson
The Delaware Supreme Court has clarified that controlling stockholder take-private transactions will be reviewed under the business judgment rule, rather than the less deferential entire fairness standard, if the controlling…
The D&O Diary
Tesla Investors File Securities Suits Over Elon Musk’s Take-Private Tweets
I have long thought that it was only a matter of time before somebody filed a securities class action lawsuit based on disclosures made through social media. I knew we…
Valuation Litigation & Shareholder Rights Blog
Dole Take-Private Class Litigation Resolved By $114 Settlement Payment; New Lawsuit Just Filed
By Steve Hecht, Brandon M. Fierro
As reported in Law360, Dole shareholders have settled their class action arising from the Company’s 2013 take-private deal for a $114 million payout. In August 2015, the Delaware Chancery Court…