TITLE

Mergers & Acquisitions

PUB. DATE
July 2015
SOURCE
Corporate Board;Jul/Aug2015, Vol. 36 Issue 213, p28
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the extensive use of Delaware Court of Chancery's exclusive forum bylaw provisions in managing the litigation associated with public mergers and acquisitions (M&A) as of June 2015. A commentary from law firm Gibson Dunn & Crutcher LLP notes that public company targets have not adopted these provisions following the decision in City of Providence v. First Citizens BancShares, where the court held that it was not a violation of fiduciary duties to adopt these bylaws.
ACCESSION #
103557992

 

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