Catching Up With Delaware's Chancery Court

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By Leslie A. Pappas (March 28, 2022, 5:11 PM EDT) — Public disclosure was a theme in Delaware’s Chancery Court last week: A Southwest Gas stockholder’s bid to disclose reports relating to activist investor Carl Icahn got fast-tracked, details about a pending deal involving the Pittsburgh Penguins were ordered to be made public, and shareholders launched multiple new cases seeking access to company books and records.

Here’s a wrap-up of the news last week from Delaware Chancery Court.

In the Courtroom

A Southwest Gas stockholder got the nod from Chancellor Kathaleen S. McCormick on Friday for fast-tracked arguments — opposed by the company — on full release of company financial adviser reports…

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