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Recent Delaware Case Law Sheds Light on Directors' Potential Exposure to Personal Liability in Cash Sale Transactions by Thomas D. Washburne
Venable LLP - Baltimore Office
Richard A. Johnson
Venable LLP - Washington Office
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June 18, 2009
Previously published on June 2009
The current instability of the marketplace and collapse of credit sources will likely encourage strategic buyers to acquire competing firms at discounted prices, as well as entice distressed businesses to seek out potential sale opportunities.
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The views expressed in this document are solely the views of the author and not Martindale-Hubbell. This document is intended for informational purposes only and is not legal advice or a substitute for consultation with a licensed legal professional in a particular case or circumstance. |
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