The Delaware Chancery Court’s holding in TCV v. TradingScreen (Feb. 26, 2015; redacted March 27, 2015) has increased the risk for preferred stockholders in their being able to exit their investments under mandatory redemption provisions. The decision is on interlocutory appeal to the Delaware Supreme Court. The Chancery Court held that a corporation’s ability to … Continue reading Increased Risk for Preferred Stockholders in Ensuring Mandatory Redemptions