Shearman And Sterling

Mergers & Acquisitions, Columns

June 04, 2019

M&A Watch: Keep Your Hands Off My Privilege! Delaware Revisits Privileged Communications in Private M&A Transactions

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In Shareholder Representative Services LLC v. RSI Holdco, LLC, C.A. No. 2018-0517-KSJM (Del. Ch. May 29, 2019), the Delaware Court of Chancery applied guidance from its earlier ruling in Great Hill Equity Partners IV, LP v. SIG Growth Equity Fund I, LLLP, 80 A.3d 155 (Del. Ch. 2013) by addressing the contractual preservation of a seller’s ability to assert privilege over pre-merger attorney-client communications in post-closing litigation.

Read the full memo, "M&A Watch: Keep Your Hands Off My Privilege! Delaware Revisits Privileged Communications in Private M&A Transactions."



Authors and Contributors

Scott Petepiece

Partner

Mergers & Acquisitions

+1 212 848 8576

+1 212 848 8576

New York

Alan S. Goudiss

Partner

Litigation

+1 212 848 4906

+1 212 848 4906

New York