Delaware Courts Diverge on Whether “Cleansing Effect” of Corwin Applies to Duty of Loyalty Claims
Comstock requires a finding that entire fairness review is inapplicable before Corwin triggers business judgment deference.
Larkin applies Corwin’s “cleansing effect” to all transactions absent a controlling stockholder.
Robert S. Reder
Professor of the Practice of Law at Vanderbilt University Law School, has been serving as a consulting attorney at Milbank, Tweed, Hadley & McCloy LLP in New York City since his retirement as a partner in April 2011
Tiffany M. Burba
J.D./M.S. Finance Candidate at Vanderbilt University, will be starting as an associate at Cadwalader, Wickersham & Taft in the fall of 2017.