William S. Freeman

Jones Day

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Finance

Delaware Supreme Court Affirms $2 Billion Damages Award For Controlling Stockholder Transaction Found To Be Unfair

In October 2011, Chancellor Leo Strine of the Delaware Chancery Court awarded more than $1.2 billion in damages and interest to Southern Peru Copper Corp. ("Southern Peru") after determining at trial that in a "manifestly unfair transaction," it had substantially overpaid for...

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