Kaan Ekiner and Mark Felger, writing in the Delaware Business Court Insider, discuss a recent Delaware Court of Chancery decision which explains the process for setting the value, timing, and securitization of a bond in connection with a status quo order that restricted certain defendants from transferring shares of publicly traded stock. The decision also demonstrates the exercise of the court’s discretion and common-sense approach in setting the amount of a bond to not preclude the litigants from obtaining the provisional relief they sought.
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