In 2003, in the case of Omnicare, Inc. v. NCS Healthcare, Inc., 818 A.2d 914 (Del. 2003), the Delaware Supreme Court held that stockholder voting agreements “negotiated as part of a merger agreement, which guaranteed shareholder approval of the merger if put to a vote, coupled with a merger agreement...
Wayne Campbell’s sardonic excitement just waned even more. Delaware’s possible greatest claim to fame could be going the way of the dodo if leaders of the House Judiciary Committee have their way.
Creditors’ rights continue to evolve in Delaware courts.