Missteps in a Sale Process Provide a Guide on Duty of Care to Avoid an Aiding and Abetting Claim

Missteps in a Sale Process Provide a Guide on Duty of Care to Avoid an Aiding and Abetting Claim


Transaction Advisors
By: Gail Weinstein, Steven Epstein, Matthew V. Soran, Robert C. Schwenkel

Transaction Advisors republished a Fried Frank M&A/Private Equity Briefing™, titled “Series of Avoidable Missteps by an Activist Stockholder and the Target Board Led the Court of Chancery to Find Fiduciary Breaches and Stockholder Aiding and Abetting in Connection With the Sale of a Company--PLX Technology.”
 
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