X
23Jun

Can Target Fiduciaries Aid and Abet an Acquirer’s Board for Breach of Fiduciary Duty?

In re Oracle Corp. Derivative Litigation considered whether a fiduciary for an acquired entity can aid and abet breaches of duty by a fiduciary for the buyer.  Theoretically yes, almost anything is possible.  But what if the breach of duty relates only to the buyer paying the seller too much?...
By: Stinson - Corporate & Securities Law Blog
Source Url: https://www.jdsupra.com/legalnews/can-target-fiduciaries-aid-and-abet-an-67612/

Related

The CSB Adopts Final Accidental-Release Reporting Regulations

The U.S. Chemical Safety and Hazard Investigation Board (CSB) adopted regulations on February 21, 20...

Read More >

Did ‘Silicon Valley’ Get CFIUS Right? Can It Really Ruin Everything?

While CFIUS can’t stop a U.S. company from relocating overseas just because the committee decides t...

Read More >

Bernalillo County, New Mexico Adopts Paid Leave For “Any Reason” Law

The patchwork of paid leave laws around the country is getting increasingly more intricate as local ...

Read More >

2020: An HR Odyssey – Illinois Enacts The Artificial Intelligence Video Interview Act

In Stanley Kubrick’s 1968 epic 2001: A Space Odyssey, HAL 9000, a fictional artificial intelligence...

Read More >

Labor Department Proposes New Safe Harbor For Electronic Disclosure Under ERISA

The Department of Labor (DOL) recently issued proposed regulations updating the safe harbor for the ...

Read More >

Middle District Of Tennessee Pares Claims In Putative Class Action Against Healthcare Company And Its Previous Owner

On November 19, 2019, Judge William M. Campbell of the United States District Court for the Middle D...

Read More >