Why Chancery Should Reconsider Its Decision in Trulia

Wilmington partners Michael J. Maimone and Joseph C. Schoell authored “Why Chancery Should Reconsider Its Decision in Trulia” for Law360.

The Delaware Court of Chancery’s decision in In re Trulia Inc. Shareholder Litigation is widely considered to be one of the most notable and impactful rulings for deal litigation in recent memory, garnering significant analysis since being handed down in January 2016.

More than a year later, Mike and Joe reevaluate the ruling’s actual impact, including the filings of securities class actions in federal courts, the decrease in actions filed in Delaware, and some notable decisions affected by Trulia.

Read “Why Chancery Should Reconsider Its Decision in Trulia.”