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Ballard Spahr LLP: Delaware Supreme Court Deals Blow To Merger Litigation Plaintiffs

By M. Norman Goldberger and Laura E. Krabill On [March 14], theDelaware Supreme Court adopted the business judgment rule standard of review for some controlling stockholder freeze-out mergers and potentially other interested party transactions. In Kahn, et al. v. M&F Worldwide Corp. , et al. ...