Supplements the (A) case with the key preliminary factual findings of Delaware Vice Chancellor Travis Laster in the shareholder lawsuit, and poses the question of what practical consequences would flow from the decision.
The case encourages participants to explore the practical consequences of legal review of public company buyouts, the legal duties of investment banks to their clients, and the potential conflicts of interest faced by boards, managers, and investment banks in such transactions.
Mergers & Acquisitions, Shareholder Lawsuits, Conflicts of Interest, Corporate and Securities Law, Ethics
Geographic: United States
Industry: Consumer Packaged Goods
Event Year Begin: 2010