Elliot Dater and his colleagues at Schnader Harrison Segal & Lewis LLP have a new blog, the Pittsburgh-Israel Business Report, addressing business and business law issues related to Israel and the greater Middle East.
In In re Trados Inc. Shareholders Litig., C.A. No. 1512-VCL (Del. Ch. Aug. 16, 2013), the Delaware Court of Chancery held that a VC-backed board’s approval of a merger in which the company’s common stockholders received nothing was entirely fair despite the merger having been approved as part of an unfair process in which the interests of the company’s preferred stockholders were favored over the holders of common stock.
At Bloomberg.com, Dan Akroyd explains the complex ending of Trading Places, a movie which gave a (pre-Internet and now outdated) glimpse of the commodities trading markets
In conjunction with the publication of Chapter 11 of Business Law Basics, a round-up of quotes about the U.S. Constitution:
“I know no safe depository of the ultimate powers of the society but the people themselves; and if we think them not enlightened enough to exercise their control with a wholesome discretion, the remedy is not to take it from them but to inform their discretion by education. This is the true corrective of abuses of Constitutional power.”
― Thomas Jefferson