“NECESSARY BUT NOT SUFFICIENT”: CHANCERY COURT CLARIFIES ROLE OF ENHANCED SCRUTINY IN ASSESSING DAMAGES CLAIMS AGAINST CORPORATE ACTORS IN REVLON TRANSACTIONS
Robert S. Reder & Connor J. Breed | 75 Vand. L. Rev. En Banc 145 (2022) |
Also explains that preliminary steps taken by self-interested corporate officers to tilt playing field for benefit of favored bidder may invite application of Revlon principles several months before board approval of sale transaction.
Robert S. Reder
Connor J. Breed