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

Global Water Associates: applying Hadley v Baxendale

From time to time, those seminal cases we all studied during the early parts of our career pop up in...

Read More >

Focus on antitrust dawn raids in Europe

In our increasingly integrated world, companies must coordinate their compliance efforts throughout ...

Read More >

Sting of Deferred Compensation Tax—Is There Any Recourse against Employer

Section 409A was added to the Tax Code in 2004 to, among other things, limit the ability of companie...

Read More >

Israel's Construction and Infrastructure Sector Recognized as an Essential Field

On March 22, 2020, emergency regulations were published in Israel on limiting market activity for th...

Read More >

Whew! Fifth Circuit Reinforces Importance of Documenting Performance Issues

Seyfarth Synopsis: In affirming summary judgment in favor of the defendant in an Family and Medical ...

Read More >

What Are Parties’ Rights Under the AIA Owner-Contractor Agreements in the Event of a Coronavirus Pandemic?

Needless to say, a coronavirus pandemic (or even the threat of such a pandemic) could have significa...

Read More >