The Nasdaq Stock Market requires its listed companies to meet certain standards that help ensure investor confidence in the listed companies.  These requirements are intended to promote transparency, company prosperity, shareholder value, access to the capital markets, and overall market stability.  They are also intended to guard against conflicts of interest, reduce fraud among public…

Judge Gerber released is opinion yesterday on the Lyondell Shareholder Clawback.  The full text of the opinion will be put in my blog as soon as I can get it formatted appropriately on this blog. We represent shareholder defendants involved in this case for an annual flat fee of $2,000 (which only includes 2 full…

This from The Official Delaware State Corporate Law Blog: Historically, business planners structured corporate mergers using either a single step (i.e., a vote of the stockholders to approve the merger at a meeting called for that purpose) or two steps (i.e., a public tender by the buyer for the target’s shares, followed by a meeting…