Special Coverage
Jan. 28, 2015
When a significant minority may control
In a new decision the Delaware Court of Chancery provides guidance on when a significant but less-than-majority stockholder may be considered a controlling stockholder. By Amy Simmerman and Michael Ringler
In a new decision, In re Crimson Exploration Inc. Stockholder Litigation, 2014 WL 5449419 (Del. Ch. Oct. 24, 2014), Vice Chancellor Donald Parsons of the Delaware Court of Chancery provides guidance on when a significant but less-than-majority stockholder may be considered a controlling stockholder and when a controlling stockholder has an interest in a merger that triggers the rigorous entire fairness standard of revi...
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