The Harvard Law School Forum on Corporate Governance https://corpgov.law.harvard.edu The leading online blog in the fields of corporate governance and financial regulation. Fri, 10 Apr 2026 11:31:54 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.8 https://corpgov.law.harvard.edu/wp-content/uploads/2024/02/cropped-photography-4-e1706898544564-1-32x32.png Delaware Court of Chancery Addresses Multi-Forum Deal Litigation – The Harvard Law School Forum on Corporate Governance https://corpgov.law.harvard.edu 32 32 Delaware Court of Chancery Addresses Multi-Forum Deal Litigation https://corpgov.law.harvard.edu/2011/04/12/delaware-court-of-chancery-addresses-multi-forum-deal-litigation/?utm_source=rss&utm_medium=rss&utm_campaign=delaware-court-of-chancery-addresses-multi-forum-deal-litigation https://corpgov.law.harvard.edu/2011/04/12/delaware-court-of-chancery-addresses-multi-forum-deal-litigation/#comments Tue, 12 Apr 2011 14:08:52 +0000 http://blogs.law.harvard.edu/corpgov/?p=17295?d=20150120093414EST Posted by Theodore Mirvis, Wachtell, Lipton, Rosen & Katz, on Tuesday, April 12, 2011
Editor's Note:

Theodore Mirvis is a partner in the Litigation Department at Wachtell, Lipton, Rosen & Katz. This post is based on a Wachtell Lipton firm memorandum by Mr. Mirvis, William Savitt and Ryan A. McLeod. This post is part of the Delaware law series, which is cosponsored by the Forum and Corporation Service Company; links to other posts in the series are available here.

The pot of multi-forum stockholder litigation against deals continues to boil. The recent Allion decision, the subject of our recent memo, spotlights one solution that our Firm developed that has shown some promise.

That litigation follows in the wake of a deal’s announcement is nothing new. But participants in the M&A markets are still grappling with the increasingly prevalent trend of multiple shareholder actions challenging the same deal in different courts. The Delaware Court of Chancery recently endorsed a pragmatic solution to this endemic problem. In re Allion Healthcare Inc. S’holders Litig., C.A. No. 5022-CC (Del. Ch. Mar. 29, 2011).

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