Norton Rose Fulbright’s M&A in 2014: Recent M&A Cases
Norton Rose Fulbright recently presented a webinar on recent developments in merger and acquisition cases, offering practical tips on reducing legal risk in public company transactions. That webinar now is available on-demand.
On its website, DEALlawWIRE.com, the firm says that virtually every public company transaction is subject to shareholder litigation. While historically many such suits were resolved through disclosure-only settlements, courts are increasingly likely to scrutinize and, in some cases, reject such settlements. Further, the Delaware courts have awarded significant damages and attorneys’ fees in several recent high-profile cases, and claims involving certain conflicts of interest, and specifically financial adviser conflicts, appear to be gaining traction.
The presentation focused on recent developments in M&A cases and offered practical tips on reducing legal risk in public company transactions. Discussion topics included recent deal characteristics that are garnering scrutiny from the Delaware courts, the success of mandatory venue provisions in company bylaws and charters, and the trend for significant financial investors to bring post-closing appraisal claims.