A select group of senior executives and in-house counsel interested in cross-border M&A disputes recently had a special opportunity to hear Vice Chancellor Travis Laster of the Delaware Court of Chancery speak in Toronto about his thoughts on some thorny M&A issues and their treatment under a continuum of legal regimes ranging from Pennsylvania, to… → Read More
Monthly Archives: September 2011
M&A Deal Terms – What’s Market?
Posted in Contractual MattersThere’s an ever-growing list of reports and studies that collect, analyze and scrutinize various deal terms and other aspects of M&A transactions – or at least it feels that way. Like most committed M&A lawyers, we collect this stuff and I, for one, admit to spending a fair bit of time pouring over some of… → Read More
Eight Things to Do Before Selling Your Business – Part 2 of 2
Posted in Private Equity, Private Transactions, StrategyIn my last post, I focused on getting your house in order as a first big step in preparing your business for a possible sale. Here are four more things you can do to maximize the value of your business. Understand Your Rights and Obligations – If you have one, now’s the time to dust… → Read More
SEC Will Not Challenge Court Decision on Proxy Access
Posted in ShareholdersThe U.S. Securities and Exchange Commission (SEC) announced last week that it will not seek a court rehearing on the validity of its proposed “proxy access” rules, which were rejected by the U.S. Court of Appeals in July. Under the rules, a company would have been required to include on its proxy a board candidate nominated… → Read More
Eight Things To Do Before Selling Your Business – Part 1 of 2
Posted in Private Equity, Private Transactions, StrategyWhen selling your business, it pays to plan ahead. Don’t forget these important – but sometimes overlooked – strategies for maximizing value and deal certainty. Clean up! I learned a great lesson from a great chef: “You consume 70% with your eyes”. Just like the artfully plated dishes that would emerge from his kitchen, the… → Read More