X
03Jul

Director’s Undisclosed Conflict Prevents Application of Business Judgment Rule in Acquisition

City of Fort Myers General § Employees’ Pension Fund v Haley, which was commenced in the Delaware Court of Chancery, grew out of the merger of equals between Towers Watson & Co. and Willis Group Holdings Public Limited Company....
By: Stinson - Corporate & Securities Law Blog
Source Url: https://www.jdsupra.com/legalnews/director-s-undisclosed-conflict-60438/

Related

It’s a Bird, It’s a Plane, It’s…the SBA? SBA Issues Guidance on Change of Ownership Transactions Involving PPP Loans

Dealmakers know that uncertainty is their proverbial kryptonite. As M&A and investment have started ...

Read More >

Connecticut Becomes Seventh State to Enact Paid Family Leave Law

Seyfarth Synopsis: Earlier this week, Connecticut became the seventh state with a paid family leave ...

Read More >

[Video] 31 Days to a More Effective Compliance Program-Promotion to operationalize compliance

The role of HR in corporate compliance programs, is often underestimated. If your company has a cult...

Read More >

Covid–19 coronavirus: global merger review (updated 13 November 2020)

Merger review processes are being impacted worldwide as merger control authorities adapt to take acc...

Read More >

OFCCP’s Second Opinion Letter: Contractors Can Seek Advance Approval of PAGs, But…

On July 22, 2019, OFCCP issued its second published opinion letter addressing whether “contractors ...

Read More >

Regulatory Update and Recent SEC Actions - July 2019

REGULATORY UPDATES - Investors Continue to Press Regulators for Disclosure of Environmental, Social...

Read More >