Corporations

Resource 8 . 7

10 minutes

Corwin v. KKR Fin. Holdings LLC (Del. 2015)

Holger Spamann,

Jens Frankenreiter

Questions:

1. After Corwin, what mechanisms can shareholders employ to hold directors accountable for a perceived breach of their duties under Unocal or Revlon?
2. What is the policy rationale behind this decision? Do you agree with it?

Delaware Supreme Court

125 A.3d 304

No. 629, 2014

2015-10-02

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