LAW 394 - Problems in Corporate Law.

This course will explore corporate litigation in the Court of Chancery in Delaware in the context of mergers, acquisitions, and other transactional structures. This short, one-week course is divided into three parts. Part I will begin with a discussion of Delaware’s place in the world of corporate litigation and then turn to the topic of expedited deal litigation. Part II will focus on derivative litigation, in theory and in practice, beginning with the statutory and summary procedures available in the Court of Chancery. In Part III, we will discuss the other route to redress in connection with transactions: appraisal. We will spend time deconstructing the appraisal statute to understand who can pursue appraisal and how. We will also discuss the rise of appraisal arbitrage and explore the role of the merger price in appraisal. One hour. Slights Prerequisite: Close Business Arrangements or Business Associations.