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Litigation

: Delaware Business Litigation Report

Court Of Chancery Extends Revlon To Convertible Notes

By Edward M. McNally

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 Binks v. DSL.net Inc., C.A. 2823-VCN (April 29, 2010)

In this unusual case filed by a pro se litigant, the Court extended Revlon duties to when a company issues convertible notes that will change control of the company upon conversion. This is consistent with past indications in other decisions.

Full post as published by Delaware Business Litigation Report on April 29, 2010 (boomark / email).

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