Janine Salomone

"Don't Ask, Don't Waive" Standstill Provisions: Impermissible Limitation on Director Fiduciary Obligations or Legitimate,...

Under Revlon and its progeny, directors of Delaware corporations have a duty to take reasonable steps to ensure that stockholders receive the highest price reasonably available in a sale of the company. One way that target...more

2/5/2013 - Auction Bids Directors Don't Ask - Don't Waive Fiduciary Duty Revlon Standard Shareholders Standstill Agreements Value Maximization