Tag: Motion to Dismiss
Chancery Court Grants Motion to Dismiss Suit Governed by Entire Fairness | Legal Insights
The Chancery Court recently made a significant decision by granting a rare motion to dismiss a suit governed by entire fairness. This decision, as highlighted in the Harvard Law School Forum on Corporate Governance,...
Court Grants Motion to Dismiss Suit Based on Fairness Standard
Canoo, an electric vehicle company, went public in a de-SPAC transaction in December 2020. However, after the stock price dropped, a stockholder who chose not to redeem his stock sued the SPAC board and...