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Who’s in charge is the board responsible to monitor its financial advisor or vice versa?

  • McDermott Will & Emery
  • -
  • USA
  • -
  • March 21 2014

In the case of In re Rural Metro Corporation Stockholders Litigation, the Court of Chancery of the State of Delaware held that the primary financial

New signposts and practical pointers for directors in troubled times

  • McDermott Will & Emery
  • -
  • USA
  • -
  • January 8 2010

The current economic distress has put immense pressure on corporate boards of directors to consider and address the financial and operational challenges faced by their companies

Directors’ fiduciary duties after Netsmart

  • McDermott Will & Emery
  • -
  • USA
  • -
  • August 16 2007

In the first quarter of this year, the Delaware Court of Chancery issued a decision that should cause directors to consider carefully whether they have done enough to canvass the market of potential acquirers when their company is up for sale or, in other words, whether they have effectively discharged their Revlon duties

Wayward management

  • McDermott Will & Emery
  • -
  • USA
  • -
  • July 18 2007

Last month, the Dow Chemical Company fired two senior executives accused of purportedly engaging in unauthorized discussions with third parties concerning a potential takeover bid for the company