09Jul
When the Negotiator of Deal Terms Is Negotiating Personal Compensation: Lessons for Board Members
Delaware Supreme Court reinstates case alleging fiduciary breach for failure to disclose CEO’s post-merger compensation discussions. Deal negotiators should take care not to negotiate their own post-closing compensation before finalizing deal terms. In general, we do not recommend that officers negotiate their own compensation without the involvement of the board....
By:
Pillsbury Winthrop Shaw Pittman LLP
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