Post No. 145 covered some aspects of controlling shareholders and fiduciary styled responsibilities under Delaware and Dutch corporate law, triggered by Steve Davidoff's discussion of the recently initiated litigation re Affiliated Computer Services, Inc. before the Delaware Chancery Court (or more to the point, Steve Bainbridge's quarrel with some of the things Davidoff wrote).
Anyway, the Deal Professor just provided an update on that matter, analyzing the essentials of the deal that is subject of discussion - and the way it was "scripted" to comport with Delaware law - based on a recently filed 178 page registration statement by one of the parties involved (Xerox). Interesting stuff with the usual legal technicalities, so if you have a minute or so to spare, digg in.
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