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Del. High Court Asked To Let Directors Out Of Buyout Suits

By Matt Chiappardi ( May 6, 2015, 7:47 PM EDT) -- Director defendants in separate lawsuits challenging the buyouts of pharmaceutical company Cornerstone Therapeutics Inc. and Chinese pork processor Zhongpin Inc. pushed the Delaware Supreme Court on Wednesday to overturn Chancery Court decisions that keep them on the hook for breach of fiduciary duty claims until the cases conclude....

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