10 мая 2024 г. · Through its recent decision in Match Group II, the Delaware Supreme Court filled two important gaps in conflicted-transaction jurisprudence.

The case involves a shareholder lawsuit challenging the fairness of IAC/InterActiveCorp's separation from its controlled subsidiary, Match Group, Inc.

24 апр. 2024 г. · Delaware Supreme Court expands MFW rules to all conflicted controller deals, requiring full special committee independence and stockholder ...

21 окт. 2024 г. · Old Match formed a special committee to negotiate with Old IAC in the hope that the directors' determinations could obtain the benefit of MFW.

The Supreme Court reasserted the applicability of MFW to all controlling stockholder transactions where the controller obtains a non-ratable benefit.

5 мая 2024 г. · The full Delaware Supreme Court recently revived part of an investor challenge to IAC/InterActive Corp's spinoff of its internet dating subsidiary.

The Court also held that all members of the special committee must be independent to obtain business judgment review under MFW. In Match, minority stockholders ...

12 апр. 2024 г. · The Delaware Supreme Court held that all conflicted controller transactions are subject to entire fairness review unless the transaction is ...

5 апр. 2024 г. · The Delaware Court of Chancery held that the separation transaction was subject to business judgment review because it had been approved by an ...

18 апр. 2024 г. · On April 4, the Delaware Supreme Court issued its decision in the appeal of In re: Match Group Inc. Derivative Litigation, a closely watched ...