Peter Kazanoff and Paul Gluckow Co-Author Article on Aruba Networks Case in Delaware Business Court Insider
11.03.15
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Litigation Partners Peter Kazanoff and Paul Gluckow co-authored an article, “Chancery Court Rejects Settlement in 'Aruba Networks' Case,” which was published by Delaware Business Court Insider. The article discusses a recent decision issued by the Delaware Court of Chancery, rejecting the settlement of a suit brought by stockholders of Aruba Networks challenging the company's $2.7 billion all-cash acquisition by Hewlett-Packard in In re Aruba Networks Stockholder Litigation. The article notes that this is the most recent decision in a series of recent Chancery Court decisions expressing the court’s increasing dissatisfaction with settlements exchanging broad releases for supplemental disclosures.
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