Delaware Chancery Court Dismisses Challenge Against Directors in Change of Control | Practical Law

Delaware Chancery Court Dismisses Challenge Against Directors in Change of Control | Practical Law

An update on a Delaware Chancery Court decision following Lyondell Chemical Co. v. Ryan granting the defendant directors' motion to dismiss and finding they had properly discharged their Revlon duties in a change-of-control transaction.

Delaware Chancery Court Dismisses Challenge Against Directors in Change of Control

Practical Law Legal Update 5-387-1899 (Approx. 4 pages)

Delaware Chancery Court Dismisses Challenge Against Directors in Change of Control

by PLC Corporate & Securities
Published on 04 Aug 2009 • Delaware, USA (National/Federal)
An update on a Delaware Chancery Court decision following Lyondell Chemical Co. v. Ryan granting the defendant directors' motion to dismiss and finding they had properly discharged their Revlon duties in a change-of-control transaction.