Delaware Supreme Court's Reversal Clarifies Application of Revlon Duties to Boards of Directors

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The following updates our Newsletter dated September 2, 2008, regarding the Lyondell Chemical Company v. Ryan case to reflect the recent decision of the Delaware Supreme Court to reverse the lower court with respect to the scope of boards of directors’ Revlon duties.

Please see full newsletter for more information.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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