Law 360

APRIL 22, 2022

Aerojet Rocketdyne Holdings Inc.'s s CEO warned the Delaware Chancery that the board's executive chairman is looking to increase his stake in the company to 34% amid a fierce battle for company control that has fractured the board.

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Law 360

JUNE 6, 2022

The Delaware Chancery Court pushed the divided board of Aerojet Rocketdyne Holdings Inc. on Monday to explain how much power, company resources and access to third-party advisers each side of the deadlocked board should have.

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Law 360

APRIL 27, 2022

Aerojet Rocketdyne Holdings Inc.'s s board executive chair launched the latest legal missile in an ongoing board dispute Wednesday, suing the company's CEO and her allies in California federal court for allegedly going "rogue" and making bogus accusations against him.

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Law 360

JUNE 27, 2022

Aerojet Rocketdyne Holdings Inc.'s s board chairman will preside over an upcoming meeting where shareholders will vote for directors, the Delaware Chancery Court ruled Monday, rejecting a bid from the chair's rival, the company's CEO, for neutral counsel to conduct the meeting.

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Law 360

JUNE 16, 2022

Aerojet Rocketdyne Holdings Inc.'s s CEO and her allies violated a Delaware Chancery Court temporary restraining order by using the company's resources in a contentious board election, a vice chancellor ruled Thursday, handing a win to the board's chairman, the CEO's rival in the race.

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Law 360

MAY 24, 2022

Aerojet Rocketdyne Holdings Inc. CEO Eileen Drake is reportedly in talks to end a bitter Delaware Chancery Court company control fight in exchange for a $48 million deal that includes a five-year consulting agreement, a source familiar with the development said late Tuesday.

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Law 360

FEBRUARY 24, 2022

The Delaware Chancery will not decide how Aerojet Rocketdyne Holdings Inc. should use company resources while its board is deadlocked, the vice chancellor overseeing a consolidated lawsuit, rejecting a proposal to set aside $20 million for the competing factions to fund a proxy contest.

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