Documenting the Deal: How Quality Control and Candor Can Improve Boardroom Decision-Making and Reduce the Litigation Target Zone
Forthcoming, The Business Lawyer
Harvard Law School John M. Olin Center Discussion Paper No. 794
53 Pages Posted: 25 Oct 2014 Last revised: 29 Oct 2014
There are 2 versions of this paper
Documenting the Deal: How Quality Control and Candor Can Improve Boardroom Decision-Making and Reduce the Litigation Target Zone
Documenting the Deal: How Quality Control and Candor Can Improve Boardroom Decision-Making and Reduce the Litigation Target Zone
Date Written: October 2014
Abstract
This article addresses what legal and financial advisors can do to conduct an M&A process in a manner that: i) promotes making better decisions; ii) reduces conflicts of interests and addresses those that exist more effectively; iii) accurately records what happened so that advisors and their clients will be able to recount events in approximately the same way; and iv) as a result, reduces the target zone for plaintiffs’ lawyers.
Keywords: Mergers, Acquisitions, Corporate Law, corporate governance, Delaware, plaintiffs lawyers, securities litigation, financial advisors, conflicts of interests
JEL Classification: G30, G34, G38, K20, K22, K40, K41
Suggested Citation: Suggested Citation