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Email On March 14, 2014, the Delaware Supreme Court upheld the Court of Chancery’s 2013 decision in In re MFW Shareholders Litigation, holding that in going-private mergers where there is a controlling stockholder, the use of both a truly independent special committee and a majority of the minority stockholder vote, allows for judicial review under the deferential business judgment standard. https://www.cadwalader.com/resources/clients-friends-memos/m-and-a-update-delaware-supreme-court-upholds-business-judgment-rule-review-for-certain-controlling-stockholder-transactions