Robert S. Reder

Publications

• Chancery Court Rules that DGCL § 271 Does Not Require Stockholder Approval of Foreclosure Sale of Corporate Assets
  79 VAND. L. REV. EN BANC (2026) · Vanderbilt Law Review En Banc · 2026
• Chancery Court Rules That Legacy Charter Provision Governing Amendments Did Not Opt Out of Revised DGCL § 242(d)’s Lower Voting Standard for Increasing Authorized Shares
  79 VAND. L. REV. EN BANC (2026) · Vanderbilt Law Review En Banc · 2026
• Chancery Court Enjoins Board Reduction Scheme Aimed at Derailing Election Contest
  79 VAND. L. REV. EN BANC (2026) · Vanderbilt Law Review En Banc · 2026
• Delaware Superior Court Establishes “Order of Operations” for Applying “Materiality Scrapes” to Post-Closing Indemnity Claims
  79 VAND. L. REV. EN BANC (2026) · Vanderbilt Law Review En Banc · 2026
• Delaware Supreme Court Rules That Both of MFW’s Dual Protections Are Required to Obtain Business Judgment Review of Any Conflicted Transaction Involving Control Stockholders
  78 VAND. L. REV. EN BANC (2025) · Vanderbilt Law Review En Banc · 2025
• Failure to Fully Disclose Financial Advisor Conflicts in Two Controller Buyouts Dooms Application of MFW Framework
  78 VAND. L. REV. EN BANC (2025) · Vanderbilt Law Review En Banc · 2025
• Delaware Supreme Court Rules That Officer Exculpation Amendments Do Not Require Separate Class Vote of Non-Voting Shares
  78 VAND. L. REV. EN BANC (2025) · Vanderbilt Law Review En Banc · 2025
• Chancery Court Rejects Argument That Corwin Is Inapplicable to PostSigning Board Actions Characterized as "Extrinsic" to Merger Process Approved by Stockholders
  78 VAND. L. REV. EN BANC (2025) · Vanderbilt Law Review En Banc · 2025
• Delaware Supreme Court Clarifies Standard of Review for Advance Notice Bylaw
  78 VAND. L. REV. EN BANC (2025) · Vanderbilt Law Review En Banc · 2025
• Substance over Form: Chancery Court Declares That Post-Closing True-Up Mechanism Requires Independent Accountant to Act as Expert, Not Arbitrator
  78 VAND. L. REV. EN BANC (2025) · Vanderbilt Law Review En Banc · 2025
• Class Or Series?: Chancery Court Clarifies Process for Validating Flawed SPAC Stockholder Votes
  78 VAND. L. REV. EN BANC (2025) · Vanderbilt Law Review En Banc · 2025
• Target Companies Regain “Significant Tool” to Encourage Reluctant Buyers to Consummate Public Merger Transactions
  78 VAND. L. REV. EN BANC (2025) · Vanderbilt Law Review En Banc · 2025
• MFW DEFENSE AVAILABLE DESPITE CONTROL STOCKHOLDER’S REFUSAL TO NEGOTIATE WITH CREDIBLE COMPETING BIDDER
  77 VAND. L. REV. EN BANC (2024) · Vanderbilt Law Review En Banc · 2024
• Chancery Court Applies Entire Fairness Standard of Review in Assessing Actions of Conflicted Fiduciaries Engaging in “Value- Destructive” SPAC Transactions
  77 VAND. L. REV. EN BANC (2024) · Vanderbilt Law Review En Banc · 2024
• A “PROFOUNDLY CONTRACTARIAN PREDISPOSITION”: DELAWARE COURTS DECIDE RECENT DRAFTING DISPUTES BY LIMITING THEIR REVIEW TO FOUR CORNERS OF CONTRACTS
  77 VAND. L. REV. EN BANC (2024) · Vanderbilt Law Review En Banc · 2024
• Chancery Court Declares Corwin Unavailable to Defend Against Unocal Claim for Injunctive Relief Applies Enhanced Scrutiny in Reviewing Defensive Measures Allegedly Adopted to Forestall Investor Activism
  77 VAND. L. REV. EN BANC (2024) · Vanderbilt Law Review En Banc · 2024
• CHANCERY COURT DEMONSTRATES WILLINGNESS TO APPLY CONTEXT-SPECIFIC TESTS IN ASSESSING CHALLENGES TO ADVANCE NOTICE BYLAWS
  77 VAND. L. REV. EN BANC (2024) · Vanderbilt Law Review En Banc · 2024
• DELAWARE SUPREME COURT EXAMINES INTERPLAY OF SCHNELL “INEQUITABLE PURPOSES” DOCTRINE AND BLASIUS “COMPELLING JUSTIFICATION” STANDARD IN ADDRESSING BOARD INTERFERENCE WITH STOCKHOLDER VOTE
  77 VAND. L. REV. EN BANC (2024) · Vanderbilt Law Review En Banc · 2024
• TYPE I VS. TYPE II: DELAWARE COURTS DISCUSS ENFORCEABILITY OF PRELIMINARY AGREEMENTS
  76 VAND. L. REV. EN BANC (2023) · Vanderbilt Law Review En Banc · 2023
• APPLICATION OF MFW FRAMEWORK DEFEATS CHALLENGE TO CORPORATE CHARTER AMENDMENT FAVORING CONTROL STOCKHOLDER
  76 VAND. L. REV. EN BANC (2023) · Vanderbilt Law Review En Banc · 2023
• DELAWARE SUPREME COURT REQUIRES STOCKHOLDER VOTE TO APPROVE COMPANY’S TRANSFER OF PLEDGED ASSETS TO SATISFY DEFAULTED DEBT
  76 VAND. L. REV. EN BANC (2023) · Vanderbilt Law Review En Banc · 2023
• “CHALKING UP A VICTORY FOR DEAL CERTAINTY”: CHANCERY COURT REINFORCES HIGH BAR TO ESTABLISHING “MAE” IN CONNECTION WITH IMPACT OF COVID-19
  76 VAND. L. REV. EN BANC (2023) · Vanderbilt Law Review En Banc · 2023
• DELAWARE SUPREME COURT REQUIRES STOCKHOLDER VOTE TO APPROVE COMPANY’S TRANSFER OF PLEDGED ASSETS TO SATISFY DEFAULTED DEBT
  76 VAND. L. REV. 101 (2023) · Vanderbilt Law Review · 2023
• “CHALKING UP A VICTORY FOR DEAL CERTAINTY”: CHANCERY COURT REINFORCES HIGH BAR TO ESTABLISHING “MAE” IN CONNECTION WITH IMPACT OF COVID-19
  76 VAND. L. REV. 119 (2023) · Vanderbilt Law Review · 2023
• APPLICATION OF MFW FRAMEWORK DEFEATS CHALLENGE TO CORPORATE CHARTER AMENDMENT FAVORING CONTROL STOCKHOLDER
  76 VAND. L. REV. 110 (2023) · Vanderbilt Law Review · 2023
• TYPE I VS. TYPE II: DELAWARE COURTS DISCUSS ENFORCEABILITY OF PRELIMINARY AGREEMENTS
  76 VAND. L. REV. 133 (2023) · Vanderbilt Law Review · 2023
• "Necessary but Not Sufficient": Chancery Court Clarifies Role of Enhanced Scrutiny in Assessing Damages Claims against Corporate Actors in Revlon Transactions
  75 VAND. L. REV. EN BANC (2022) · Vanderbilt Law Review En Banc · 2022
• MFW Framework Requires Majority-of-Minority Stockholder Approval Even When Controller Structures Transaction to Avoid Statutory Stockholder Vote
  75 VAND. L. REV. EN BANC (2022) · Vanderbilt Law Review En Banc · 2022
• Chancery Court Employs Revlon Analysis in Assessing Whether Corporate Sale Process Was Reasonable
  75 VAND. L. REV. EN BANC (2022) · Vanderbilt Law Review En Banc · 2022
• Chancery Court Applies "Well-Worn Fiduciary Principles" to Address "Novel Issues" Presented by SPAC Disclosure Litigation
  75 VAND. L. REV. EN BANC (2022) · Vanderbilt Law Review En Banc · 2022
• Chancery Court Provides Additional Clarity on Disclosure Requirements for Establishing Corwin Defense
  75 VAND. L. REV. EN BANC (2022) · Vanderbilt Law Review En Banc · 2022
• The Words Mean What They Say: Chancery Court Adheres to Plain Meaning of Typical Contract Terms
  75 VAND. L. REV. EN BANC (2022) · Vanderbilt Law Review En Banc · 2022
• Defusing the "[N]uclear [W]eapon of [C]orporate [G]overnance": Chancery Court Enjoins "Extreme, Unprecedented" Poison Pill Adopted to Defend against Hypothetical Stockholder Activism
  75 VAND. L. REV. EN BANC (2022) · Vanderbilt Law Review En Banc · 2022
• Supreme Court - Finding Seller's Responses to COVID-19 Violated Ordinary Course Covenant, despite Lack of "MAE" - Upholds Chancery Decision Allowing Buyer to Abandon Signed Transaction
  75 VAND. L. REV. EN BANC (2022) · Vanderbilt Law Review En Banc · 2022
• "Too Much Dynamite": Buyer's Fraudulent Inducement Claim Survives Seller's Defense Based on Contractual Limitations on Post-Closing Liability
  75 VAND. L. REV. EN BANC (2022) · Vanderbilt Law Review En Banc · 2022
• "There Most Certainly Was a 'Tomorrow'": Chancery Court Finds Revlon Review Not Triggered When Acquirer Stock Constituted 58% of Merger Consideration
  75 VAND. L. REV. EN BANC (2022) · Vanderbilt Law Review En Banc · 2022
• Chancery Court Declined to Apply Blasius "Compelling Justification" Standard in Sustaining Board's Rejection of Opposition Slate under "Commonplace" Advance Notice Bylaw
  75 VAND. L. REV. EN BANC (2022) · Vanderbilt Law Review En Banc · 2022
• Chancery Court again Refuses Preliminary Dismissal due to Well-Pled Allegations that Sale Process Orchestrated by Target Company Fiduciary Failed to Satisfy Revlon Standards
  74 VAND. L. REV. EN BANC (2021) · Vanderbilt Law Review En Banc · 2021
• Chancery Court Questions Whether Nominally Designated "Independent" Directors Satisfied Requirements of Stockholders Agreement
  74 VAND. L. REV. EN BANC (2021) · Vanderbilt Law Review En Banc · 2021
• Chancery Court Considers Whether Either Party to Failed Multibillion Dollar Merger Was Entitled to Payment of a Fixed Termination Fee
  74 VAND. L. REV. EN BANC (2021) · Vanderbilt Law Review En Banc · 2021
• Purchase Agreement's Failure to Toll Running of Survival Period Dooms Indemnification Claims Despite Buyer's Timely Claim Notice
  74 VAND. L. REV. EN BANC (2021) · Vanderbilt Law Review En Banc · 2021
• Chancery Court Dismisses Revlon Claims without Considering Directors' Potential Corwin Defense
  74 VAND. L. REV. EN BANC (2021) · Vanderbilt Law Review En Banc · 2021
• Jarden Appraisal: Delaware Supreme Court Affirms Chancery Court's Exclusive Reliance on Unaffected Market Price in Determining "Fair Value" under DGCL Sec. 262
  74 VAND. L. REV. EN BANC (2021) · Vanderbilt Law Review En Banc · 2021
• No Corwin, No Problem: Chancery Court Discusses Revlon's Role in Analyzing Post-Closing Damages Claims against Target Company Directors
  74 VAND. L. REV. EN BANC (2021) · Vanderbilt Law Review En Banc · 2021
• Chancery Court Takes a Deep Dive into Imprecise Asset Purchase Agreement Language
  74 VAND. L. REV. EN BANC (2021) · Vanderbilt Law Review En Banc · 2021
• Chancery Court Again Rejects Motion by Large Minority Blockholder to Dismiss Fiduciary Breach Claims under Corwin
  74 VAND. L. REV. EN BANC (2021) · Vanderbilt Law Review En Banc · 2021
• Pleading-Stage Dismissal via Corwin Denied to 34.8% Stockholder Alleged to Control Both Sides of Challenged Transaction
  74 VAND. L. REV. EN BANC (2021) · Vanderbilt Law Review En Banc · 2021
• Chancery Court Denies Pleading-Stage Dismissal under Corwin due to Presence of Control Group
  74 VAND. L. REV. EN BANC (2021) · Vanderbilt Law Review En Banc · 2021
• MFW's Ab Initio Requirement Not Satisfied When Controlling Stockholder Negotiated with Minority Stockholder Before Acceding to "[D]ual [P]rotections"
  74 VAND. L. REV. EN BANC (2021) · Vanderbilt Law Review En Banc · 2021
• Neutralizing the "800-[P]ound [G]orilla": Chancery Court Denies Motions to Dismiss Breach of Fiduciary Duty Claims against Controlling Stockholder Engaged in Conflicted Transaction and Special Committee Members
  74 VAND. L. REV. EN BANC (2021) · Vanderbilt Law Review En Banc · 2021
• Chancery Court Employs Context-Driven Analysis in Adopting Nuanced Interpretations of DGCL Provisions
  74 VAND. L. REV. EN BANC (2021) · Vanderbilt Law Review En Banc · 2021
• Chancery Court Refuses to Dismiss Aiding and Abetting Claim against Target Company Financial Advisor, but Grants Dismissal to Outside Counsel and Buyer
  74 VAND. L. REV. EN BANC (2021) · Vanderbilt Law Review En Banc · 2021
• Stillwater Appraisal: Delaware Supreme Court Affirms Chancery Court Reliance on Deal Price in Determining "Fair Value"
  74 VAND. L. REV. EN BANC (2021) · Vanderbilt Law Review En Banc · 2021
• Failure to Satisfy Four Prongs of MFW Framework Dooms Pleading-Stage Dismissal of Claims Arising from Controlling Stockholder-Led Redemption of Minority Shares
  74 VAND. L. REV. EN BANC (2021) · Vanderbilt Law Review En Banc · 2021
• Chancery Court Determines that Merger Partner Breached "Efforts Covenants" in Connection with "[S]tar-[C]rossed" Combination of Health Insurance Giants
  74 VAND. L. REV. EN BANC (2021) · Vanderbilt Law Review En Banc · 2021
• Chancery Court - Reiterating High Bar for Proving "MAE" - Requires Buyer to Honor Its Obligations under Acquisition Agreement
  74 VAND. L. REV. EN BANC (2021) · Vanderbilt Law Review En Banc · 2021
• No Corwin, No Problem: Chancery Court Discusses Revlon's Role in Analyzing Post-Closing Damages Claims against Target Company Directors
  74 VAND. L. REV. (2021) · Vanderbilt Law Review · 2021
• Chancery Court Again Rejects Motion by Large Minority Blockholder to Dismiss Fiduciary Breach Claims under Corwin
  74 VAND. L. REV. (2021) · Vanderbilt Law Review · 2021
• Chancery Court Questions Whether Nominally Designated "Independent" Directors Satisfied Requirements of Stockholders Agreement
  74 VAND. L. REV. (2021) · Vanderbilt Law Review · 2021
• Failure to Satisfy Four Prongs of MFW Framework Dooms Pleading-Stage Dismissal of Claims Arising from Controlling Stockholder-Led Redemption of Minority Shares
  74 VAND. L. REV. (2021) · Vanderbilt Law Review · 2021
• Chancery Court - Reiterating High Bar for Proving "MAE" - Requires Buyer to Honor Its Obligations under Acquisition Agreement
  74 VAND. L. REV. (2021) · Vanderbilt Law Review · 2021
• Chancery Court Provides Additional Clarity on Disclosure Requirements for Establishing Corwin Defense
  75 VAND. L. REV. (2021) · Vanderbilt Law Review · 2021
• Chancery Court Applies "Well-Worn Fiduciary Principles" to Address "Novel Issues" Presented by SPAC Disclosure Litigation
  75 VAND. L. REV. (2021) · Vanderbilt Law Review · 2021
• Defusing the "[N]uclear [W]eapon of [C]orporate [G]overnance": Chancery Court Enjoins "Extreme, Unprecedented" Poison Pill Adopted to Defend against Hypothetical Stockholder Activism
  75 VAND. L. REV. (2021) · Vanderbilt Law Review · 2021
• "There Most Certainly Was a 'Tomorrow'": Chancery Court Finds Revlon Review Not Triggered When Acquirer Stock Constituted 58% of Merger Consideration
  75 VAND. L. REV. (2021) · Vanderbilt Law Review · 2021
• Purchase Agreement's Failure to Toll Running of Survival Period Dooms Indemnification Claims Despite Buyer's Timely Claim Notice
  74 VAND. L. REV. (2021) · Vanderbilt Law Review · 2021
• Chancery Court Takes a Deep Dive into Imprecise Asset Purchase Agreement Language
  74 VAND. L. REV. (2021) · Vanderbilt Law Review · 2021
• Jarden Appraisal: Delaware Supreme Court Affirms Chancery Court's Exclusive Reliance on Unaffected Market Price in Determining "Fair Value" under DGCL Sec. 262
  74 VAND. L. REV. (2021) · Vanderbilt Law Review · 2021
• The Words Mean What They Say: Chancery Court Adheres to Plain Meaning of Typical Contract Terms
  75 VAND. L. REV. (2021) · Vanderbilt Law Review · 2021
• "Necessary but Not Sufficient": Chancery Court Clarifies Role of Enhanced Scrutiny in Assessing Damages Claims against Corporate Actors in Revlon Transactions
  75 VAND. L. REV. (2021) · Vanderbilt Law Review · 2021
• Neutralizing the "800-[P]ound [G]orilla": Chancery Court Denies Motions to Dismiss Breach of Fiduciary Duty Claims against Controlling Stockholder Engaged in Conflicted Transaction and Special Committee Members
  74 VAND. L. REV. (2021) · Vanderbilt Law Review · 2021
• Pleading-Stage Dismissal via Corwin Denied to 34.8% Stockholder Alleged to Control Both Sides of Challenged Transaction
  74 VAND. L. REV. (2021) · Vanderbilt Law Review · 2021
• Chancery Court Determines that Merger Partner Breached "Efforts Covenants" in Connection with "[S]tar-[C]rossed" Combination of Health Insurance Giants
  74 VAND. L. REV. (2021) · Vanderbilt Law Review · 2021
• Chancery Court Employs Context-Driven Analysis in Adopting Nuanced Interpretations of DGCL Provisions
  74 VAND. L. REV. (2021) · Vanderbilt Law Review · 2021
• Chancery Court Denies Pleading-Stage Dismissal under Corwin due to Presence of Control Group
  74 VAND. L. REV. (2021) · Vanderbilt Law Review · 2021
• Chancery Court Dismisses Revlon Claims without Considering Directors' Potential Corwin Defense
  74 VAND. L. REV. (2021) · Vanderbilt Law Review · 2021
• "Too Much Dynamite": Buyer's Fraudulent Inducement Claim Survives Seller's Defense Based on Contractual Limitations on Post-Closing Liability
  75 VAND. L. REV. (2021) · Vanderbilt Law Review · 2021
• Supreme Court - Finding Seller's Responses to COVID-19 Violated Ordinary Course Covenant, despite Lack of "MAE" - Upholds Chancery Decision Allowing Buyer to Abandon Signed Transaction
  75 VAND. L. REV. (2021) · Vanderbilt Law Review · 2021
• MFW Framework Requires Majority-of-Minority Stockholder Approval Even When Controller Structures Transaction to Avoid Statutory Stockholder Vote
  75 VAND. L. REV. (2021) · Vanderbilt Law Review · 2021
• Chancery Court Employs Revlon Analysis in Assessing Whether Corporate Sale Process Was Reasonable
  75 VAND. L. REV. (2021) · Vanderbilt Law Review · 2021
• Chancery Court again Refuses Preliminary Dismissal due to Well-Pled Allegations that Sale Process Orchestrated by Target Company Fiduciary Failed to Satisfy Revlon Standards
  74 VAND. L. REV. (2021) · Vanderbilt Law Review · 2021
• Stillwater Appraisal: Delaware Supreme Court Affirms Chancery Court Reliance on Deal Price in Determining "Fair Value"
  74 VAND. L. REV. (2021) · Vanderbilt Law Review · 2021
• Chancery Court Declined to Apply Blasius "Compelling Justification" Standard in Sustaining Board's Rejection of Opposition Slate under "Commonplace" Advance Notice Bylaw
  75 VAND. L. REV. (2021) · Vanderbilt Law Review · 2021
• Chancery Court Refuses to Dismiss Aiding and Abetting Claim against Target Company Financial Advisor, but Grants Dismissal to Outside Counsel and Buyer
  74 VAND. L. REV. (2021) · Vanderbilt Law Review · 2021
• MFW's Ab Initio Requirement Not Satisfied When Controlling Stockholder Negotiated with Minority Stockholder Before Acceding to "[D]ual [P]rotections"
  74 VAND. L. REV. (2021) · Vanderbilt Law Review · 2021
• Chancery Court Considers Whether Either Party to Failed Multibillion Dollar Merger Was Entitled to Payment of a Fixed Termination Fee
  74 VAND. L. REV. (2021) · Vanderbilt Law Review · 2021
• Chancery Court Indicates Willingness to Extend M&F to Compensation Award to Controlling Stockholder
  73 VAND. L. REV. EN BANC (2020) · Vanderbilt Law Review En Banc · 2020
• Chancery Court Refuses Pleading Stage Dismissal under Corwin When Stockholders Not Fully Informed of Long-Overdue Financial Restatement
  73 VAND. L. REV. EN BANC (2020) · Vanderbilt Law Review En Banc · 2020
• Chancery Court Dismisses Breach of Fiduciary Duty Claims against Target Company Directors Despite Unavailability of Corwin Defense
  73 VAND. L. REV. EN BANC (2020) · Vanderbilt Law Review En Banc · 2020
• Negotiating against Yourself: Flawed Negotiating Process Leads Chancery Court to Deny M&F-Premised Motion to Dismiss
  73 VAND. L. REV. EN BANC (2020) · Vanderbilt Law Review En Banc · 2020
• Chancery Court Grants Pleading Stage Dismissal of Revlon Claims against Target Company Directors despite Looming Proxy Contest
  73 VAND. L. REV. EN BANC (2020) · Vanderbilt Law Review En Banc · 2020
• Chancery Court Finds Notice to Non-Consenting Stockholders Not a Precondition to an Effective Majority Written Consent
  73 VAND. L. REV. EN BANC (2020) · Vanderbilt Law Review En Banc · 2020
• Delaware Supreme Court Approves Federal Forum Selection Provision for Securities Act Claims
  73 VAND. L. REV. EN BANC (2020) · Vanderbilt Law Review En Banc · 2020
• Chancery Court Denies Rescission of Merger Agreement Where "Indispensible" Company Stockholders Not Named as Parties to Litigation
  73 VAND. L. REV. EN BANC (2020) · Vanderbilt Law Review En Banc · 2020
• Aruba Appraisal: Delaware Supreme Court Rejects Chancery Court's Exclusive Reliance on Trading Price in Determining "Fair Value" under DGCL Sec. 262
  73 VAND. L. REV. EN BANC (2020) · Vanderbilt Law Review En Banc · 2020
• Chancery Court Refuses to Dismiss Action to Enforce Post-Merger Covenant due to Ambiguities in Merger Agreement
  73 VAND. L. REV. EN BANC (2020) · Vanderbilt Law Review En Banc · 2020
• Chancery Court Finds Merger Agreement Preserved Sellers' Privilege over Pre-Merger Attorney-Client Communication
  73 VAND. L. REV. EN BANC (2020) · Vanderbilt Law Review En Banc · 2020
• Chancery Court - For the First Time - Releases Buyer from Obligation to Close due to Target MAE
  73 VAND. L. REV. EN BANC (2020) · Vanderbilt Law Review En Banc · 2020
• Delaware Court Refuses Corwin "Cleanse" due to Inadequate Disclosures of Conflicts of Interest and Financial Projections
  73 VAND. L. REV. EN BANC (2020) · Vanderbilt Law Review En Banc · 2020
• Chancery Court Declines to Apply Corwin at Pleading Stage to "Cleanse" Breach of Fiduciary Duty Claim due to Material Non-Disclosures
  73 VAND. L. REV. EN BANC (2020) · Vanderbilt Law Review En Banc · 2020
• Chancery Court Rejects Target Company Claim That Termination Fee Was Jilted Merger Partner's Exclusive Remedy
  73 VAND. L. REV. EN BANC (2020) · Vanderbilt Law Review En Banc · 2020
• Chancery Court Refuses Pleading Stage Dismissal under Corwin When Stockholders Not Fully Informed of Long-Overdue Financial Restatement
  73 VAND. L. REV. (2020) · Vanderbilt Law Review · 2020
• Chancery Court Declines to Apply Corwin at Pleading Stage to "Cleanse" Breach of Fiduciary Duty Claim due to Material Non-Disclosures
  73 VAND. L. REV. (2020) · Vanderbilt Law Review · 2020
• Negotiating against Yourself: Flawed Negotiating Process Leads Chancery Court to Deny M&F-Premised Motion to Dismiss
  73 VAND. L. REV. (2020) · Vanderbilt Law Review · 2020
• Delaware Supreme Court Approves Federal Forum Selection Provision for Securities Act Claims
  73 VAND. L. REV. (2020) · Vanderbilt Law Review · 2020
• Chancery Court Denies Rescission of Merger Agreement Where "Indispensible" Company Stockholders Not Named as Parties to Litigation
  73 VAND. L. REV. (2020) · Vanderbilt Law Review · 2020
• Chancery Court Finds Notice to Non-Consenting Stockholders Not a Precondition to an Effective Majority Written Consent
  73 VAND. L. REV. (2020) · Vanderbilt Law Review · 2020
• Chancery Court Indicates Willingness to Extend M&F to Compensation Award to Controlling Stockholder
  73 VAND. L. REV. (2020) · Vanderbilt Law Review · 2020
• Delaware Court Refuses Corwin "Cleanse" due to Inadequate Disclosures of Conflicts of Interest and Financial Projections
  73 VAND. L. REV. (2020) · Vanderbilt Law Review · 2020
• Chancery Court - For the First Time - Releases Buyer from Obligation to Close due to Target MAE
  73 VAND. L. REV. (2020) · Vanderbilt Law Review · 2020
• Aruba Appraisal: Delaware Supreme Court Rejects Chancery Court's Exclusive Reliance on Trading Price in Determining "Fair Value" under DGCL Sec. 262
  73 VAND. L. REV. (2020) · Vanderbilt Law Review · 2020
• Chancery Court Grants Pleading Stage Dismissal of Revlon Claims against Target Company Directors despite Looming Proxy Contest
  73 VAND. L. REV. (2020) · Vanderbilt Law Review · 2020
• Chancery Court Finds Merger Agreement Preserved Sellers' Privilege over Pre-Merger Attorney-Client Communication
  73 VAND. L. REV. (2020) · Vanderbilt Law Review · 2020
• Chancery Court Dismisses Breach of Fiduciary Duty Claims against Target Company Directors Despite Unavailability of Corwin Defense
  73 VAND. L. REV. (2020) · Vanderbilt Law Review · 2020
• Chancery Court Rejects Target Company Claim That Termination Fee Was Jilted Merger Partner's Exclusive Remedy
  73 VAND. L. REV. (2020) · Vanderbilt Law Review · 2020
• Chancery Court Refuses to Dismiss Action to Enforce Post-Merger Covenant due to Ambiguities in Merger Agreement
  73 VAND. L. REV. (2020) · Vanderbilt Law Review · 2020
• Norcraft Appraisal: Chancery Court Gives No Weight to Deal Price Negotiated in a Conflicted CEO-Led Transaction with a Flawed Sales Process
  73 VAND. L. REV. EN BANC (2020) · Vanderbilt Law Review En Banc · 2020
• Norcraft Appraisal: Chancery Court Gives No Weight to Deal Price Negotiated in a Conflicted CEO-Led Transaction with a Flawed Sales Process
  73 VAND. L. REV. (2020) · Vanderbilt Law Review · 2020

• Chancery Court Determines That 22.1 Stockholder Controls Corporation, Rendering Corwin Inapplicable
  72 VAND. L. REV. EN BANC (2019) · Vanderbilt Law Review En Banc · 2019
• Chancery Court Declines to Apply Corwin to Foreclose a Books and Records Inspection under DGCL Sec. 220
  72 VAND. L. REV. EN BANC (2019) · Vanderbilt Law Review En Banc · 2019
• Chancery Court Holds That Defendant Directors' Failure to Disclose Material Facts Defected Application of Corwin, but Nevertheless Dismisses Claims against Directors due to Plaintiff's Failure to Adequately Plead Directorial Breach of Their Duty of Loyalty
  72 VAND. L. REV. EN BANC (2019) · Vanderbilt Law Review En Banc · 2019
• Chancery Court Finds That Adverse Directors Not Entitled to Privileged Board Communications concerning a Potential Merger
  72 VAND. L. REV. EN BANC (2019) · Vanderbilt Law Review En Banc · 2019
• Chancery Court Applies M&F Framework to Transactions in Which Controlling Stockholders Allegedly Received Unique Benefits
  72 VAND. L. REV. EN BANC (2019) · Vanderbilt Law Review En Banc · 2019
• Delaware Supreme Court Once Again Reverses Dismissal of Fiduciary Breach Claims Brought against Target Company Directors
  72 VAND. L. REV. EN BANC (2019) · Vanderbilt Law Review En Banc · 2019
• Delaware Chancery Court Rejects Federal Forum Selection Clause for Securities Act Claims
  72 VAND. L. REV. EN BANC (2019) · Vanderbilt Law Review En Banc · 2019
• Chancery Court Again Grants Early Dismissal of Litigation Challenging Control Stockholder-Led Buyout
  72 VAND. L. REV. EN BANC (2019) · Vanderbilt Law Review En Banc · 2019
• Delaware Supreme Court Clarifies Pleading Standard in Post-Closing Damages Action Alleging Breach of Revlon Duties
  72 VAND. L. REV. EN BANC (2019) · Vanderbilt Law Review En Banc · 2019
• Chancery Court Declares Corwin is Not a Massive Eraser for All Fiduciary Wrongdoing
  72 VAND. L. REV. EN BANC (2019) · Vanderbilt Law Review En Banc · 2019
• Dell Appraisal: Delaware Supreme Court Rejects Chancery Court Valuation Giving No Weight to Deal Price in Connection with Management-Led LBO
  72 VAND. L. REV. EN BANC (2019) · Vanderbilt Law Review En Banc · 2019
• Delaware Supreme Court Bars Buyer from Using Narrowly-Cabined Working Capital Adjustment to Attack Seller's Alleged Non-Compliance with GAAP
  72 VAND. L. REV. EN BANC (2019) · Vanderbilt Law Review En Banc · 2019
• Delaware Supreme Court Explores Application of MFW's Ab Initio Requirement in Controlling Stockholder-Related Litigation
  72 VAND. L. REV. EN BANC (2019) · Vanderbilt Law Review En Banc · 2019
• Chancery Court Finds Corwin Applicable to Third-Party Buyout of a Company Controlled by a Large Stockholder
  72 VAND. L. REV. EN BANC (2019) · Vanderbilt Law Review En Banc · 2019
• Chancery Court Analyzes MFW's Ab Initio Requirement in Controlling Stockholder Litigation
  72 VAND. L. REV. EN BANC (2019) · Vanderbilt Law Review En Banc · 2019
• Chancery Court Finds Corwin Applicable to Merger Transaction Negotiated with 33.5 Stockholder
  72 VAND. L. REV. EN BANC (2019) · Vanderbilt Law Review En Banc · 2019
• Chancery Court Finds That Adverse Directors Not Entitled to Privileged Board Communications concerning a Potential Merger
  72 VAND. L. REV. (2019) · Vanderbilt Law Review · 2019
• Dell Appraisal: Delaware Supreme Court Rejects Chancery Court Valuation Giving No Weight to Deal Price in Connection with Management-Led LBO
  72 VAND. L. REV. (2019) · Vanderbilt Law Review · 2019
• Delaware Supreme Court Once Again Reverses Dismissal of Fiduciary Breach Claims Brought against Target Company Directors
  72 VAND. L. REV. (2019) · Vanderbilt Law Review · 2019
• Delaware Supreme Court Clarifies Pleading Standard in Post-Closing Damages Action Alleging Breach of Revlon Duties
  72 VAND. L. REV. (2019) · Vanderbilt Law Review · 2019
• Delaware Supreme Court Bars Buyer from Using Narrowly-Cabined Working Capital Adjustment to Attack Seller's Alleged Non-Compliance with GAAP
  72 VAND. L. REV. (2019) · Vanderbilt Law Review · 2019
• Chancery Court Again Grants Early Dismissal of Litigation Challenging Control Stockholder-Led Buyout
  72 VAND. L. REV. (2019) · Vanderbilt Law Review · 2019
• Delaware Supreme Court Explores Application of MFW's Ab Initio Requirement in Controlling Stockholder-Related Litigation
  72 VAND. L. REV. (2019) · Vanderbilt Law Review · 2019
• Chancery Court Applies M&F Framework to Transactions in Which Controlling Stockholders Allegedly Received Unique Benefits
  72 VAND. L. REV. (2019) · Vanderbilt Law Review · 2019
• Chancery Court Finds Corwin Applicable to Third-Party Buyout of a Company Controlled by a Large Stockholder
  72 VAND. L. REV. (2019) · Vanderbilt Law Review · 2019
• Delaware Chancery Court Rejects Federal Forum Selection Clause for Securities Act Claims
  72 VAND. L. REV. (2019) · Vanderbilt Law Review · 2019
• Chancery Court Analyzes MFW's Ab Initio Requirement in Controlling Stockholder Litigation
  72 VAND. L. REV. (2019) · Vanderbilt Law Review · 2019
• Chancery Court Declares Corwin is Not a Massive Eraser for All Fiduciary Wrongdoing
  72 VAND. L. REV. (2019) · Vanderbilt Law Review · 2019
• Chancery Court Finds Corwin Applicable to Merger Transaction Negotiated with 33.5 Stockholder
  72 VAND. L. REV. (2019) · Vanderbilt Law Review · 2019
• Chancery Court Declines to Apply Corwin to Foreclose a Books and Records Inspection under DGCL Sec. 220
  72 VAND. L. REV. (2019) · Vanderbilt Law Review · 2019
• Chancery Court Determines That 22.1 Stockholder Controls Corporation, Rendering Corwin Inapplicable
  72 VAND. L. REV. (2019) · Vanderbilt Law Review · 2019
• Chancery Court Holds That Defendant Directors' Failure to Disclose Material Facts Defected Application of Corwin, but Nevertheless Dismisses Claims against Directors due to Plaintiff's Failure to Adequately Plead Directorial Breach of Their Duty of Loyalty
  72 VAND. L. REV. (2019) · Vanderbilt Law Review · 2019
• Delaware Court Refuses to Enjoin Buyer from Terminating Merger Agreement due to Failure of Closing Condition
  71 VAND. L. REV. EN BANC (2018) · Vanderbilt Law Review En Banc · 2018
• Delaware Court Refuses to Dismiss a Material Adverse Effect Claim Brought by an Unhappy Buyer
  71 VAND. L. REV. EN BANC (2018) · Vanderbilt Law Review En Banc · 2018
• Delaware Supreme Court Refuses to Establish a Presumption Favoring Deal Price in Statutory Appraisal Proceedings
  71 VAND. L. REV. EN BANC (2018) · Vanderbilt Law Review En Banc · 2018
• Delaware Court Rejects Claim That Directors Acted in Bad Faith by Selling Company Facing Activist Threat
  71 VAND. L. REV. EN BANC (2018) · Vanderbilt Law Review En Banc · 2018
• Delaware Court Refuses to Dismiss a Material Adverse Effect Claim Brought by an Unhappy Buyer
  71 VAND. L. REV. (2018) · Vanderbilt Law Review · 2018
• Delaware Court Rejects Claim That Directors Acted in Bad Faith by Selling Company Facing Activist Threat
  71 VAND. L. REV. (2018) · Vanderbilt Law Review · 2018
• Delaware Supreme Court Refuses to Establish a Presumption Favoring Deal Price in Statutory Appraisal Proceedings
  71 VAND. L. REV. (2018) · Vanderbilt Law Review · 2018
• Delaware Court Refuses to Enjoin Buyer from Terminating Merger Agreement due to Failure of Closing Condition
  71 VAND. L. REV. (2018) · Vanderbilt Law Review · 2018
• Delaware Court Grants Pleading-Stage Dismissal of Litigation Challenging Control Stockholder-Led Buyout
  70 VAND. L. REV. EN BANC (2017) · Vanderbilt Law Review En Banc · 2017
• Delaware Court Refuses to Dismiss Common Stockholder's Challenge to Redemption of Preferred Stock Owned by Controlling Stockholder
  70 VAND. L. REV. EN BANC (2017) · Vanderbilt Law Review En Banc · 2017
• Doubling down on Plain Language: Delaware Court Extends in re VAALCO Energy by Invalidating Supermajority Vote Requirement for Director Removal
  70 VAND. L. REV. EN BANC (2017) · Vanderbilt Law Review En Banc · 2017
• Delaware Chancellor Again Invokes Corwin in Granting Directors' Motion to Dismiss Breach of Fiduciary Duty Claim
  70 VAND. L. REV. EN BANC (2017) · Vanderbilt Law Review En Banc · 2017
• Delaware Courts Diverge on Whether Cleansing Effect of Corwin Applies to Duty of Loyalty Claims
  70 VAND. L. REV. EN BANC (2017) · Vanderbilt Law Review En Banc · 2017
• Delaware Court Refuses to Invoke Corwin to Cleanse Alleged Director Misconduct Despite Stockholder Vote Approving Merger
  70 VAND. L. REV. EN BANC (2017) · Vanderbilt Law Review En Banc · 2017
• Delaware Courts Confront Question Whether Cleansing Effect of Corwin Applies to Duty of Loyalty Claims
  70 VAND. L. REV. EN BANC (2017) · Vanderbilt Law Review En Banc · 2017
• Dell Appraisal Proceeding: Delaware Court of Chancery Finds Price Payable in Management Buyout Understates Fair Value by 28%
  70 VAND. L. REV. EN BANC (2017) · Vanderbilt Law Review En Banc · 2017
• Delaware Chancellor Again Invokes Corwin in Granting Directors' Motion to Dismiss Breach of Fiduciary Duty Claim
  70 VAND. L. REV. (2017) · Vanderbilt Law Review · 2017
• Delaware Court Grants Pleading-Stage Dismissal of Litigation Challenging Control Stockholder-Led Buyout
  70 VAND. L. REV. (2017) · Vanderbilt Law Review · 2017
• Doubling down on Plain Language: Delaware Court Extends in re VAALCO Energy by Invalidating Supermajority Vote Requirement for Director Removal
  70 VAND. L. REV. (2017) · Vanderbilt Law Review · 2017
• Delaware Court Enjoins Stockholder Vote Pending Corrective Disclosures
  70 VAND. L. REV. (2017) · Vanderbilt Law Review · 2017
• Delaware Courts Confront Question Whether Cleansing Effect of Corwin Applies to Duty of Loyalty Claims
  70 VAND. L. REV. (2017) · Vanderbilt Law Review · 2017
• Delaware Courts Diverge on Whether Cleansing Effect of Corwin Applies to Duty of Loyalty Claims
  70 VAND. L. REV. (2017) · Vanderbilt Law Review · 2017
• Delaware Court Refuses to Dismiss Common Stockholder's Challenge to Redemption of Preferred Stock Owned by Controlling Stockholder
  70 VAND. L. REV. (2017) · Vanderbilt Law Review · 2017
• Delaware Court Refuses to Invoke Corwin to Cleanse Alleged Director Misconduct Despite Stockholder Vote Approving Merger
  70 VAND. L. REV. (2017) · Vanderbilt Law Review · 2017
• Dell Appraisal Proceeding: Delaware Court of Chancery Finds Price Payable in Management Buyout Understates Fair Value by 28%
  70 VAND. L. REV. (2017) · Vanderbilt Law Review · 2017
• Delaware Court Enjoins Stockholder Vote Pending Corrective Disclosures
  70 VAND. L. REV. EN BANC (2017) · Vanderbilt Law Review En Banc · 2017
• Delaware Supreme Court Clarifies Cleansing Effect of Fully-Informed Stockholder Vote
  69 VAND. L. REV. EN BANC (2016) · Vanderbilt Law Review En Banc · 2016
• Delaware Court Addresses Entrenchment Claims Brought against Directors under Activist Hedge Fund Attack
  69 VAND. L. REV. EN BANC (2016) · Vanderbilt Law Review En Banc · 2016
• Delaware Court Refuses to Dismiss Aiding and Abetting Claim against Sell-Side M&A Financial Advisor
  69 VAND. L. REV. EN BANC (2016) · Vanderbilt Law Review En Banc · 2016
• Delaware Court Dismisses Duty of Loyalty Claim against Disinterested, Independent Directors
  69 VAND. L. REV. EN BANC (2016) · Vanderbilt Law Review En Banc · 2016
• Delaware Chancery Disqualifies Lead Petitioners in Dell Appraisal Who Inadvertently Voted FOR Management Buyout
  69 VAND. L. REV. EN BANC (2016) · Vanderbilt Law Review En Banc · 2016
• Delaware Chancery Court Extends Cleansing Effect of Stockholder Approval under KKR to Two-Step Acquisition Structure
  69 VAND. L. REV. EN BANC (2016) · Vanderbilt Law Review En Banc · 2016
• Delaware Court Invalidates Commonly-Used Corporate Classified Board Provision as Contrary to Delaware Law
  69 VAND. L. REV. EN BANC (2016) · Vanderbilt Law Review En Banc · 2016
• Delaware Supreme Court Upholds Multi-Million Dollar Damages Award against Sell-Side M&A Advisor
  69 VAND. L. REV. EN BANC (2016) · Vanderbilt Law Review En Banc · 2016
• Delaware Chancery Court Resets the Rules of the Road for Disclosure-Only Settlements
  69 VAND. L. REV. EN BANC (2016) · Vanderbilt Law Review En Banc · 2016
• Delaware Supreme Court Affirms Pleading-Stage Dismissal of Control Stockholder Buyout Legislation
  69 VAND. L. REV. EN BANC (2016) · Vanderbilt Law Review En Banc · 2016
• Delaware Court Enjoins Board Reduction Plan Aimed at Undermining Threatened Proxy Contest
  69 VAND. L. REV. EN BANC (2016) · Vanderbilt Law Review En Banc · 2016
• Delaware Court Enjoins Board Reduction Plan Aimed at Undermining Threatened Proxy Contest
  69 VAND. L. REV. (2016) · Vanderbilt Law Review · 2016
• Delaware Court Dismisses Duty of Loyalty Claim against Disinterested, Independent Directors
  69 VAND. L. REV. (2016) · Vanderbilt Law Review · 2016
• Delaware Chancery Court Extends Cleansing Effect of Stockholder Approval under KKR to Two-Step Acquisition Structure
  69 VAND. L. REV. (2016) · Vanderbilt Law Review · 2016
• Delaware Supreme Court Clarifies Cleansing Effect of Fully-Informed Stockholder Vote
  69 VAND. L. REV. (2016) · Vanderbilt Law Review · 2016
• Delaware Chancery Disqualifies Lead Petitioners in Dell Appraisal Who Inadvertently Voted FOR Management Buyout
  69 VAND. L. REV. (2016) · Vanderbilt Law Review · 2016
• Delaware Court Addresses Entrenchment Claims Brought against Directors under Activist Hedge Fund Attack
  69 VAND. L. REV. (2016) · Vanderbilt Law Review · 2016
• Delaware Court Invalidates Commonly-Used Corporate Classified Board Provision as Contrary to Delaware Law
  69 VAND. L. REV. (2016) · Vanderbilt Law Review · 2016
• Delaware Court Refuses to Dismiss Aiding and Abetting Claim against Sell-Side M&A Financial Advisor
  69 VAND. L. REV. (2016) · Vanderbilt Law Review · 2016
• Delaware Supreme Court Affirms Pleading-Stage Dismissal of Control Stockholder Buyout Legislation
  69 VAND. L. REV. (2016) · Vanderbilt Law Review · 2016
• Delaware Chancery Court Resets the Rules of the Road for Disclosure-Only Settlements
  69 VAND. L. REV. (2016) · Vanderbilt Law Review · 2016
• Delaware Supreme Court Upholds Multi-Million Dollar Damages Award against Sell-Side M&A Advisor
  69 VAND. L. REV. (2016) · Vanderbilt Law Review · 2016
• Delaware Supreme Court Rejects Piecemeal Approach to Analyzing Director Independence
  68 VAND. L. REV. EN BANC (2015) · Vanderbilt Law Review En Banc · 2015
• Sell-Side Financial Advisors in the M&A Crosshairs
  68 VAND. L. REV. EN BANC (2015) · Vanderbilt Law Review En Banc · 2015
• Delaware Supreme Court Rejects Piecemeal Approach to Analyzing Director Independence
  68 VAND. L. REV. 273 (2015) · Vanderbilt Law Review · 2015
• Sell-Side Financial Advisors in the M&A Crosshairs
  68 VAND. L. REV. 279 (2015) · Vanderbilt Law Review · 2015

• Recent Cases
  30 VAND. L. REV. 75 (1977) · Vanderbilt Law Review · 1977