Recent Posts

In re Trados Post-Trial Opinion
Posted on 22 Aug 2013 by Brian JM Quinn

Vice Chancellor Laster issued a post-trial opinion in the Trados matter on Friday. Can I just say, I like the fact that the Chancery Court is increasingly releasing opinions on the "free to the world" website. In 2009, Trados caused a bit of... Read More

Preferred vs. Common -- Who is Commonly Preferred in Mergers?
Posted on 30 Jun 2011 by Corporate and Securities Law Community Staff

By Steven Bartz, Rahul Patel and R. Samuel Snider When a corporation is for sale, the fiduciary duties that the board of directors of the selling corporation must observe vis--vis its stockholders places the board in a position where it is likely... Read More

Delaware Court of Chancery - No Fiduciary Breach, Although Directors Engaged in Unfair Process: Four Key Takeaways
Posted on 27 Aug 2013 by DLA Piper

by John J. Gilluly III and John L. Reed While management and the preferred stockholders of Trados, Inc. received all of the merger consideration in an end-stage transaction and the common stockholders received nothing, the Delaware Court of Chancery... Read More

In re Trados: What Happens When Common Gets Nothing?
Posted on 19 Aug 2013 by Trent Dykes

On August 16, Delaware Chancery Court Vice Chancellor Laster issued his highly anticipated, post-trial decision in In re Trados Incorporated Shareholder Litigation , C.A. No. 1512-VC (August 16, 2013) [ an enhanced version of this opinion is available... Read More