Skadden Discusses Delaware Decisions on Controller Transactions, Standards Of Review, and Disclosure Obligations

The CLS Blue Sky Blog

Edward B. Micheletti Peyton V. Carper Emily A. Nowlan

The first half of 2024 has been a watershed moment in the Delaware courts for transactions involving controllers. Partner Edward Micheletti and associates Peyton Carper and Emily Nowlan discuss significant rulings from the Delaware Supreme Court on entire fairness review and a need for more robust “conflict” disclosures.