martindale.com
Legal Library
|
Delaware Court of Chancery Decision Casts Doubt on the Value of Continuing Director Change of Control Provisions for Lenders by John F. Lawlor
Mayer Brown LLP - Chicago Office
Robert C. Baptista
Mayer Brown LLP - Chicago Office
|
|
June 26, 2009
Previously published on June 22, 2009
The Delaware Court of Chancery's decision in San Antonio Fire & Police Pension Fund v. Amylin Pharmaceuticals, Inc. raises serious concerns for lenders regarding the protection afforded by "continuing director" change of control provisions in indentures and credit agreements.
|
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. |
| | View More Library Documents By... | | | | |
| | | | Mayer Brown LLP Overview |
Practice Area Resource Centers
|
|