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

10 results for conflict

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

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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.   Although Towers had stronger performance and greater market capitalization, under the... Read More

Topics: Litigation, M&A, Public Companies and Securities

Proposed Judgment in Conflict Minerals Case

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Update:  You can find the final judgment here. Pursuant to a court order, the parties to the conflict minerals case have filed a proposed judgment after they advised the court no further proceedings were necessary. The text of the proposed judgment is as follows: (1) The Court DECLARES pursuant to 28... Read More

Topics: Trump, Uncategorized