Steven Epstein speaks to <em>NACD Directorship</em> about implications of stockholder litigation for M&A

Steven Epstein speaks to NACD Directorship about implications of stockholder litigation for M&A

Corporate partner Steven Epstein spoke to NACD Directorship about the implications of stockholder litigation for M&A, saying that the Delaware Supreme Court’s decision in ATP Tour, Inc. v. Deutscher Tennis Bund could potentially slow the growing tide of litigation by raising the stakes for would-be plaintiffs. “[The plaintiffs’ bar and proxy advisory firms] and other constituencies may also view the ATP outcome as swinging the pendulum too far, arguing that the potential expenses may chill stockholder litigation and undermine an important check on corporate boards,” he says.

news-detail.inc