Robert B Little

Robert B Little

May 29, 2020 | Delaware Business Court Insider

Chancery Holds Buyout Provision in LLC Agreement to Be a 'Call Option' and Irrevocable Following Exercise

The Court of Chancery's opinion offers valuable guidance to Delaware limited liability companies when drafting the buyout provision of their operating agreements, as well as when Delaware limited liability companies are considering exercising a buyout right in accordance with the terms of their operating agreements.

By Robert B. Little and Louis J. Matthews

6 minute read

April 10, 2019 | Delaware Business Court Insider

'Glidepath': Guidance for Extra-Contractual Principles in an Earn-Out Context

The Delaware Court of Chancery recently issued an opinion that provides guidance for the application of extra-contractual principles in an earn-out context, further stressing the importance of precise drafting of earn-out provisions.

By Robert B. Little and Steve Wright

8 minute read

March 14, 2018 | Delaware Business Court Insider

Important Lessons From 'In re Oxbow Carbon' for Drafting Joint Venture Exit Provisions

The Delaware Court of Chancery recently issued an opinion that offers useful guidance for parties seeking to draft joint venture exit provisions.

By Robert B. Little and Eric B. Pacifici

10 minute read

April 19, 2017 | Delaware Business Court Insider

Supreme Court Suggests Caution for MLPs in Conflicted Transactions

The Delaware Supreme Court recently reviewed the limited partnership agreement of a master limited partnership in the context of a conflicted transaction.

By Robert B. Little and Louis J. Matthews

15 minute read

March 16, 2016 | Delaware Business Court Insider

Chancery Court Refuses to Review Binding Third-Party Valuation

The Delaware Court of Chancery recently issued an opinion that offers useful guidance for parties wishing to include a binding third-party valuation feature in an agreement.

By Robert B. Little and Mark Jackson

6 minute read

June 17, 2015 | Delaware Business Court Insider

Chancery Describes Standard of Review for Demand Refusal Decision

Vice Chancellor Sam Glasscock III of the Delaware Court of Chancery has issued an opinion clarifying the standard of review applicable to a board of directors' decision to refuse a stockholder demand to bring litigation on behalf of the corporation.

By Robert B. Little and Madison Jones

6 minute read

June 17, 2015 | Delaware Business Court Insider

Chancery Describes Standard of Review for Demand Refusal Decision

Vice Chancellor Sam Glasscock III of the Delaware Court of Chancery has issued an opinion clarifying the standard of review applicable to a board of directors' decision to refuse a stockholder demand to bring litigation on behalf of the corporation.

By Robert B. Little and Madison Jones

6 minute read

June 03, 2015 | Texas Lawyer

Attorney-Client Privilege Issues in M&A Work

In M&A transactions, companies disclose sensitive information to their transaction counterparties and financial advisors, and the disclosure of this information often implicates attorney-client privilege issues.

By Robert B. Little

5 minute read

June 03, 2015 | Texas Lawyer

Attorney-Client Privilege Issues in M&A Work

In M&A transactions, companies disclose sensitive information to their transaction counterparties and financial advisors, and the disclosure of this information often implicates attorney-client privilege issues.

By Robert B. Little

5 minute read

January 21, 2014 | Delaware Business Court Insider

Top Five M&A Lessons From Delaware Courts in 2013

In the last 12 months, Delaware courts have tackled a wide range of important issues in the mergers and acquisitions arena. This article selects five of 2013's most important Delaware M&A developments and provides a brief overview of the takeaways practitioners of corporate law should carry with them into the new year.

By Robert B. Little and Caitlin Calloway

6 minute read