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June 2008

Guidelines for Directors in Change-of-Control Transactions

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Partner Clare O’Brien (NY-MA) published an article in the June 2008 issue of Directors Monthly, a publication of the National Association of Corporate Directors. In the article, “Guidelines for Directors in Change-of-Control Transactions,” O’Brien discusses for recent change-of-control cases adjudicated by the Chancery Court of Delaware, in which the decision-making processes of the respective boards were closely scrutinized. Drawing from these cases, O’Brien provides steps directors can take for effective oversight of change-of-control transactions.

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