Cadwalader allows sharing content.
Email to a friend or colleague:
From
To
Subject
Email In a November 30, 2015 decision, the Delaware Supreme Court upheld the Delaware Chancery Court’s $76 million damages award against RBC Capital in In re Rural/Metro Corp. S’holders Litig. The ruling, however, notably rejected the trial court’s characterization of financial advisors as “gatekeepers” of the M&A process, and the Court emphasized that its holding is to be narrowly viewed in the context of the specific facts of the case. https://www.cadwalader.com/resources/clients-friends-memos/delaware-supreme-court-upholds-rural-retro-decision-but-financial-advisors-can-breathe-a-sigh-of-relief