In re Orchid Cellmark: Delaware Chancery Court Reviews Disclosure of Projections

Resource type: Legal Update: archive

Status: Published on 19-May-2011

Jurisdiction: USA

An update on the Delaware Court of Chancery's opinion in In re Orchid Cellmark Inc. Shareholder Litigation holding that a board only needs to disclose the projections which it and its financial advisors relied on even when they are not the projections endorsed by management.

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Resource ID: 9-506-1654
Published: 19-May-2011
Products: PLC US Corporate & Securities, PLC US Law Department

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