Securities Regulation Daily Wrap Up, MERGERS AND ACQUISITIONS—Del. Ch.: No expedited proceedings without sufficient claim, (Jan 10, 2022)

By Jeffrey H. Brochin, J.D.

Although the Delaware Chancery Court is well known for being responsive to motions for expedited proceedings seeking injunctive relief, a complaint must plead a colorable claim and demonstrate a sufficient threat of irreparable harm to warrant cost of expedited proceedings.

The Court of Chancery of the State of Delaware has d ...