transcript   Transcript

Addressing Disputes Over Stockholder Meetings

Recorded on: Jul. 11, 2013
Running Time: 01:06:23

Full Transcript:



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Taken from the Web Program M&A Litigation 2013 recorded June, 2013 in New York.

Lecture Topics 
[01:06:23]

Addressing Disputes Over Stockholder Meetings 
[01:06:23]
  • Disputing Stockholder Communications Before the Stockholder Meeting
    - What has Delaware done with the materiality standard?
    - Can contractual restraints limit the duty of disclosure?
    - How long do stockholders need to absorb supplemental disclosures?
  • Litigating Over the Conduct of the Meeting and the Vote
    - What standard of review applies to a tactical adjournment?
    - Where does Delaware stand on “vote buying” after Crown Emak?
    - Is the ability to split the voting power attributable to stock ownership from the economic interest an evil or a good?
The purchase price of this segment includes the following article from the Course Handbook available online:
  • Judicial Review of Tactical Adjournments or Rescheduling of Stockholder Meetings
    Stephen P. Lamb
  • Recent Delaware Court of Chancery Pronouncement on Deal Protections
  • Chapter 12: Conducting a Contested Stockholder Meeting
    Alan Miller
  • Delaying Judgment Day: How to Defer Stockholder Votes in Contested M&A Transactions
    Lois F. Herzeca
  • The Shareholder Judgment Rule: Delaware’s Permissive Response to Corporate Vote-Buying
  • David Et Al. v. Human Genome Sciences Et Al, CIV. No. 12-965–Memorandum Order, SLR (July 26, 2012)
  • Crown Emak Partners v. Kurz, 992 A.2D 377 (Del. Ch. April 21, 2010)
  • Kurz v. Holbrook, 989 A.2D 140 (Del. Ch. Feb. 9, 2010)

Presentation Material

  • Addressing Disputes Over Stockholder Meetings
    A. Thompson Bayliss, Gary A. Bornstein, Stephen P. Lamb, Jenness E. Parker
Speaker(s)
A. Thompson Bayliss ~ Abrams & Bayliss
Gary A. Bornstein ~ Cravath, Swaine & Moore LLP
Stephen P. Lamb ~ Former Vice Chancellor, Delaware Court of Chancery, Paul, Weiss, Rifkind, Wharton & Garrison LLP
Jenness E. Parker ~ Skadden Arps Slate Meagher & Flom LLP
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