"Rural/Metro and Claims for Aiding & Abetting Breaches of Fiduciary Duty"
Wednesday, April 2, 2014
2:00 - 2:45 pm, eastern [archive and transcript to follow]
The Rural/Metro decision was just recently handed down - and it's expected to have a dramatic impact on the viability of claims for aiding & abetting breaches of fiduciary duty in connection with M&A transactions.
The panel will discuss these implications as well as the potentially broader implications regarding the so-called "Revlon" rules and enhanced scrutiny in change-of-control transactions.
Join these experts:
- Kevin Miller, Partner, Alston & Bird LLP (moderator)
- T. Brad Davey, Partner, Potter Anderson & Corroon LLP
- C. Stephen Bigler, Director, Richards Layton & Finger, PA
- Stephen M. Kotran, Partner, Sullivan & Cromwell LLP
- Bill Lafferty, Partner, Morris Nichols Arsht & Tunnell LLP
Among other topics, this program will cover
- What were the allegations in Rural/Metro?
- What claims were settled?
- What claims were dropped following trial as a result of post-trial briefing?
- What was the Court's decision and reasoning?
- What are the implications of the Court's holding on the viability of claims for aiding and abetting breaches of fiduciary duty in connection with M&A transactions?
- What are the potential implications of the Court's decision for other Revlon claims?
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