Fri.Feb 03, 2023

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Delaware Court Of Chancery Declines To Dismiss Breach Of Fiduciary Duty Claims Against Nondirector Officer, Holding That Officers Owe A Caremark Duty Of Oversight

Shearman & Sterling

On January 25, 2023, Vice Chancellor J. Travis Laster of the Delaware Court of Chancery denied a motion to dismiss a derivative suit brought by stockholders asserting breach of fiduciary duty claims against a former officer of McDonald's Corporation (the "Company"). In Re McDonald's Corp. Stockholder Derivative Litig., Case No. 2021-0324-JTL (Del.

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Top Tips for Negotiating the Sale of a Manufacturing Business

Sun Acquisitions

Negotiating the sale of a manufacturing business can be highly stressful, but it is possible to get through it with minimal stress when armed with the right tips and strategies. To help ensure a better outcome for all parties involved, here are some top tips for negotiating the sale of a manufacturing business. Be Prepared Before entering into negotiations, make sure you’re prepared.

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Delaware Court Of Chancery Declines To Dismiss Breach Of Fiduciary Duty Claims Against Nondirector Officer, Holding That Officers Owe A Caremark Duty Of Oversight

Shearman & Sterling

On January 25, 2023, Vice Chancellor J. Travis Laster of the Delaware Court of Chancery denied a motion to dismiss a derivative suit brought by stockholders asserting breach of fiduciary duty claims against a former officer of McDonald's Corporation (the "Company"). In Re McDonald's Corp. Stockholder Derivative Litig., Case No. 2021-0324-JTL (Del.

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Sell an IT Business Successfully in 5 Steps

Sun Acquisitions

To sell an IT business successfully, there are a couple of steps you can follow to streamline the process. 1. Preparation for Sale If your exit strategy is a sale, it’s important that you take sufficient time to get the business ready to be put on the market. A first step may be cleaning up your financial records. You want to ensure your income statements, balance sheets, and various financial statements are in order.

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15 Modern Use Cases for Enterprise Business Intelligence

Large enterprises face unique challenges in optimizing their Business Intelligence (BI) output due to the sheer scale and complexity of their operations. Unlike smaller organizations, where basic BI features and simple dashboards might suffice, enterprises must manage vast amounts of data from diverse sources. What are the top modern BI use cases for enterprise businesses to help you get a leg up on the competition?