Mindbody: Del. Supreme Court Overrules Chancery on Aiding & Abetting
Mindbody: Del. Supreme Court Overrules Chancery on Aiding & Abetting

Yesterday, the Delaware Supreme Court issued its opinion in In re Mindbody, Inc., Stockholder Litigation, (Del.; 12/24), in which it overruled the Chancery Court’s decision holding a buyer liable for aiding and abetting target fiduciaries’ breach of fiduciary duty based upon its role in reviewing the target company’s merger proxy materials. In order to assert an aiding and abetting […]

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