Sidley Shareholder Litigation

MAY 10, 2023

This blog frequently has covered SPAC-related litigation (recently, here , here , and here ), and the potential consequences of the Delaware Court of Chancery’s rulings in the MultiPlan and Gig3 cases. As discussed previously, the decisions in Multiplan and Gig3 , among others, may portend increased litigation surrounding de-SPAC transactions, and particular focus by the plaintiffs’ bar on any actual or perceived conflicts of interest.

Mergers 52

Mergers 52

Cleary M&A and Corporate Governance Watch

MAY 10, 2023

On May 1, 2023, the Delaware Court of Chancery addressed an unsettled question under Delaware law—whether a fully informed, uncoerced vote of disinterested stockholders (so-called “Corwin cleansing” [1] ) can be applied to defeat claims to enjoin defensive measures under Unocal Corp. v. Mesa Petroleum Co. In an opinion by Vice Chancellor Zurn, the Court held that Corwin cleansing does not apply to claims for post-closing injunctive relief under Unocal.

Mergers and Acquisitions 52

Mergers and Acquisitions Stock IT Acquisitions 52

PCE

MAY 10, 2023

Research consistently shows that the additional cost of an investment banker is a fraction of the value they add.

Investment 52

Investment Business 52

Mergers and Inquisitions

MAY 10, 2023

I’ve found that two main groups care about investment banking in Singapore : Students who are from Southeast Asia and are considering whether they want to work in Singapore, NY, London, or other places. People who want to work in Asia but have no chance of winning an offer in Hong Kong and see Singapore as their “Plan B” option. If you’re in the first group, congrats!

Investment Banking 99

Investment Banking Bank Banking Investment 99

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