X
23Sep

Termination Fee Exclusivity Does Not Apply to No Shop Breach

Locke Lord LLP | | Return|
Merger agreements entered into by Delaware corporations commonly include fiduciary out provisions in order to satisfy director fiduciary duty requirements to secure the best value reasonably available to stockholders under the Revlon rule. The...
By: Locke Lord LLP
Source Url: https://www.jdsupra.com/legalnews/termination-fee-exclusivity-does-not-35994/

Related

Illinois’ New #MeToo-Inspired Law Creates Sweeping Employer Obligations

In line with recently passed legislation in New York and California, Illinois’ legislature rallied ...

Read More >

US blocks Nord Stream 2 pipeline; Europe mulls response

Report on Supply Chain Compliance 3, no. 1 (January 9, 2020) - A bipartisan push by the United Stat...

Read More >

Department of Justice Updates Merger Remedies Manual

On September 3, 2020, the Department of Justice (“DOJ”) released a revised Merger Remedies Manual ...

Read More >

FTC Lowers Hart­-Scott­-Rodino Thresholds

The Federal Trade Commission (FTC) announced on February 1 that it will lower the Hart­-Scott-­Rodin...

Read More >

Landmark Bill Passes: California Codifies “ABC” Test for Worker Classification

On Thursday, September 12th, the California State Assembly passed Assembly Bill 5 (“AB 5”), the co...

Read More >

Walk this way…to avoid the pitfalls of ERISA

Companies implement bonus plans to meet a variety of business objectives: retention, specific compa...

Read More >