Posted by Mark A. Morton, Potter Anderson & Corroon LLP (Delaware), on Monday February 26, 2007 at 7:14 pm
Editor’s Note: This post is by Mark A. Morton of Potter Anderson & Corroon LLP. This post is part of the Delaware law series, which is cosponsored by the Forum and Corporation Services Company; links to other posts in the series are available here.
Potter Anderson & Corroon (Delaware) has recently posted a short Memorandum on Chancellor Chandler‘s recent decision in the Caremark litigation. In addition to adding some texture to the continuing discussion concerning termination fees, the decision could have important implications for deal structuring.
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