Month: July 2026

Two Delaware opinions were released on June 30, 2026 that cover a regular post-closing topic in M&A. Even though fraud occurred, plaintiffs’ cases were either dismissed in total or in part because of a failure to timely bring claims…

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A buyer in an M&A transaction thought it modified the deal post-closing via its e-mail communications between the parties. The Delaware Court of Chancery disagreed. In Genesis CMG Holdings, LLC and Converze Media Group, LLC v. Tedd Barr and Simplicity Media Group, LLC, decided on June 11, 2026, the court upheld a lapse of a…

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Paramount Global’s minority shareholders are investigating its sale to Skydance for wrongdoing. And they now get a new piece of the puzzle.

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A seller in an M&A transaction objected to his own sale of stock on the basis that the buyer had violated a right of first refusal (ROFR). The Delaware Court of Chancery dismissed the seller’s case because the ROFR was inapplicable, but even if it was, the seller signed a release with his sale of…

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