Delaware Chancery Court Clarifies Calculation of Break-Up Fees | Practical Law

Delaware Chancery Court Clarifies Calculation of Break-Up Fees | Practical Law

An update on the Delaware Court of Chancery's opinion dismissing a stockholder challenge of a negotiated two-step acquisition and clarifying the appropriate methodology for calculating termination fees.

Delaware Chancery Court Clarifies Calculation of Break-Up Fees

Practical Law Legal Update 3-503-5451 (Approx. 4 pages)

Delaware Chancery Court Clarifies Calculation of Break-Up Fees

by PLC Corporate & Securities
Published on 06 Oct 2010Delaware
An update on the Delaware Court of Chancery's opinion dismissing a stockholder challenge of a negotiated two-step acquisition and clarifying the appropriate methodology for calculating termination fees.