![](https://investorshub.advfn.com/uicon/522650.png?cb=1464431304)
Tuesday, March 05, 2024 9:18:01 AM
Like every morning - I google ELTP then Dexcel
In the meantime, here is some news that will actually help you. Enjoy and have a great day.
https://www.forbes.com/sites/anatalonbeck/2024/01/31/a-558-billion-lesson-in-the-entire-fairness-doctrine/?sh=694b35fb4382
A $55.8 Billion Lesson In The Entire Fairness Doctrine
Anat Alon-Beck
Jan 31, 2024,08:00am EST
The entire fairness standard is a Delaware corporate law special. It is at the core of the Delaware General Corporate Law (DGCL) and the surrounding precedent and has been accurately described as the “most onerous standard of review.” To even get to the point where entire fairness is triggered, a plaintiff must demonstrate that a majority of the directors of a company are “interested” in the transaction; in other words, not independent. Alternatively, if a plaintiff can show that a controlling shareholder is on both sides of a transaction, entire fairness can also be triggered. Once that very high threshold is met, the burden shifts entirely to the defendant board to demonstrate the transaction is inherently fair to the stockholders. And they have to demonstrate this in both the procedure and in substance itself of the deal. This is typically accomplished by a so-called “majority of the minority” vote: if independent directors present to the non-controlling shareholders the transaction in question and a majority of these shareholders ratify the deal, the deal is likely to not be reviewed by the court.
#FreeSequestOx
#FreeTacoForShareholders
Recent ELTP News
- Form 8-K - Current report • Edgar (US Regulatory) • 08/27/2024 08:30:16 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/14/2024 09:16:11 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/14/2024 08:05:53 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 06/05/2024 08:07:15 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/20/2024 08:30:31 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/14/2024 09:55:26 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 12/29/2023 07:21:28 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/26/2023 09:20:29 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/12/2023 09:20:20 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 11/28/2023 12:05:38 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 11/27/2023 11:58:46 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 11/27/2023 11:50:54 PM
- Epazz, Inc. (OTC Pink: EPAZ) US Navy Collaboration with ZenaDrone • InvestorsHub NewsWire • 11/16/2023 12:32:07 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/25/2023 08:15:15 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/07/2023 08:05:25 PM
Maybacks Global and Inventel Products To Launch Global 24 Hour Shopping Channel • AHRO • Sep 3, 2024 9:15 AM
UC Asset announces plan of management stock buyback • UCASU • Sep 3, 2024 9:00 AM
Element79 Gold Corp Appoints Warren Levy to Board of Directors • ELMGF • Aug 28, 2024 9:51 AM
Integrated Ventures Announces Strategic Entry Into Health & Wellness Industry with Focus on GLP-1 Products • INTV • Aug 28, 2024 8:30 AM
ELEMENT79 ANNOUNCES UPLISTING TO OTCQB VENTURE MARKET • ELMGF • Aug 26, 2024 10:03 AM
North Bay Resources Announces Gold Assays up to 2.2 Ounces per Ton, Fran Gold Project, British Columbia • NBRI • Aug 26, 2024 10:00 AM