In Re Del Monte Foods Co. Shareholders Litigation

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• holding that investment bank's knowing silence about its buy-side intentions, its involvement with the successful bidder, and its violation of a no-teaming provision misled the board
• holding that board acted unreasonably by allowing conflicted investment bank to negotiate price with bidder
• holding that investment bank’s knowing silence about its buy-side intentions, its involvement with the successful bidder, and its violation of a no-teaming provision misled the board
• holding that investment bank’s knowing silence about its buy-side intentions, its involvement with the successful bidder, and its violation of a no-teaming provision misled the board
• holding that investment bank’s knowing silence about its buy-side intentions, its involvement with the successful bidder, and its violation of a no- teaming provision misled the board
• enjoining defensive measures not because the defensive measures themselves failed enhanced scrutiny but because they were “the product of a fiduciary breach”

Source: CourtListener parenthetical corpus (CC0).