Attorneys
Delaware Court of Chancery Applies Entire Fairness in In re Nine Systems Corporation Shareholders Litigation: A Sequel to Trados or Something Different?
November 2014
S. Michael Sirkin
The M&A Lawyer
Mike Sirkin coauthored the lead article in the October 2014 edition of The M&A Lawyer entitled Delaware Court of Chancery Applies Entire Fairness in In re Nine Systems Corporation Shareholders Litigation: A Sequel to Trados or Something Different?. The article addresses the Court of Chancery’s recent Nine Systems case, in which the Court held that conflicted directors breached their duty of loyalty despite finding that the financial terms of the challenged transaction were fair.
