Client Alerts

Kettleton Multi-Year Holdings LLC v. Sourcefire LLC Reminds Practitioners that Timely Notice of a Merger's Effective Date Reduces Litigation Risks in Delaware

The Delaware Court of Chancery recently issued a ruling that serves as an important reminder that following a merger, timely notice of the merger's effective date must be sent to any stockholder of record who has demanded appraisal. Failing to do so creates additional litigation risk in a M&A environment already charged with an increasing number of stockholder appraisal demands.

Click here to download Morris Nichols' analysis of the decision.


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