In the recent In re Trados Inc. Shareholder Litigation opinion, the Delaware Court of Chancery found that a sale of the venture backed company was entirely fair notwithstanding the fact that the common stockholders received none of the merger consideration. Practitioners have been processing the implications of this lengthy opinion since its release. Thomas Mullen from Potter Anderson Corroon LLP, and Gary Hammersmith from McElroy, Deutsch, Mulvaney & Carpenter, LLP discuss the key takeaways from this important and much anticipated decision.
Thomas Mullen, Potter Anderson Corroon LLP
Gary Hammersmith, McElroy, Deutsch, Mulvaney & Carpenter, LLP
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