The Delaware Supreme Court recently made significant rulings that have implications for corporate governance and M&A practices. In a landmark decision dated April 4, 2024, in the case of In re Match Group Deriv. Litig., C.A. No. 2020-0505, the court held that the entire fairness test, Delaware's most stringent standard of review, applies to all transactions involving a conflicted controller. This ruling emphasizes the court's focus on protecting investors and scrutinizing controlling shareholders. Furthermore, the court clarified that the MFW framework requires a fully independent committee for such transactions. These decisions cast doubt on current M&A practices, signaling a shift towards more rigorous scrutiny of deals involving controlling shareholders.