Smith v. Van Gorkom (the Trans Union case) is now well-established as one of the most important-and mystifying-corporate law cases of the decade. The Delaware Supreme Court stunned and dismayed the corporate bar by holding that a board of directors violated its duty of care to shareholders by failing to exercise sufficient deliberation before approving a cash-out merger at a fifty percent premium over the market price. The case seemed to augur broad new liability for corporate directors. It immediately received widespread attention, both because it carried important implications for corporate counseling and because it suggested that the Delaware courts might be prepared to increase the rights of shareholders as against incumbent boards under the Business Judgment Rule.
The export option will allow you to export the current search results of the entered query to a file. Different
formats are available for download. To export the items, click on the button corresponding with the preferred download format.
By default, clicking on the export buttons will result in a download of the allowed maximum amount of items.
To select a subset of the search results, click "Selective Export" button and make a selection of the items you want to export.
The amount of items that can be exported at once is similarly restricted as the full export.
After making a selection, click one of the export format buttons. The amount of items that will be exported is indicated in the bubble next to export format.