Volcano’s Merger Suit

"Tamika Montgomery-Reeves issued her first important decision as a member of the Delaware Court of Chancery on June 30 in a case arising from the $1.2 billion sale of Volcano Corp. to Koninklijke Philips NV (PHG). The 49-page opinion advances the Delaware case law on the effect of a fully informed shareholder vote on suits claiming flaws in a sales process and suggests what kind of Vice Chancellor Montgomery will be - measured and thorough, but also unafraid to develop doctrine when she believes it appropriate to do so."

"Chancery's Montgomery-Reeves' Extends Business Judgement Protections to Tender Offers," The Deal

"Tender Offer in Merger Subject to Business Judgment Rule, Chancery Says," Delaware Business Court Insider

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