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

Financial Daily Dose 12.10.2020 | Top Story: Federal and State Regulators Sue Facebook over Alleged Antitrust Violations

The long-awaited Facebook antitrust bomb dropped on Wednesday, with the FTC and attorneys general fr...

Read More >

Portland Exempts Construction Companies and Contractors From City’s 1% Gross Receipts Tax

Since January 1, 2019, Portland has imposed a 1% gross receipts surcharge tax on “large retailers.”...

Read More >

US DOJ and FTC Propose Vertical Merger Guidelines

The U.S. Department of Justice and U.S. Federal Trade Commission published proposed vertical merger ...

Read More >

2020 Annual Updates to the United States Pre-Merger Notification (HSR) and Interlocking Directorates Thresholds

The Federal Trade Commission (FTC) has revised the thresholds that govern pre-merger notification re...

Read More >

FLSA Collective Action Limited by Lack of Personal Jurisdiction

In a significant victory for employers and the principles of due process, the District of Minnesota ...

Read More >

An Overview of Recent Land Use Guidance and Legislation in New Jersey in Response to COVID-19

In the midst of the ongoing COVID-19 public health emergency, New Jersey-based builders, developers,...

Read More >