Go to the Globe and Mail homepage

Jump to main navigationJump to main content

AdChoices

M&A litigants getting mixed signals from Delaware court Add to ...

Subscribers Only

The law of haste makes waste should govern M&A litigation. Delaware judges often warn attorneys to do their homework before suing. Now one group of legal eagles is being grounded for trying to do just that. The mixed message is undermining efforts to curb dubious suits over deals.

Almost every major transaction seems to be a target. State cases soared from fewer than 50 in 1996 to more than 260 in 2010, a Lewis & Clark Law School study shows. Federal cases hit 43 last year after jumping sixfold in 2010, according to NERA Economic Consulting.

Report Typo/Error

Next story

loading

Trending

loading

Most popular videos »

Highlights

More from The Globe and Mail

Most popular