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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/

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