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Corporate & Securities Law

: BusinessAssociationsBlog.com

The Geography of Revlonland

By Stephen Bainbridge

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Is there such a place as Revlonland? We can break that down into two key questions: Are there unique Revlon “duties” separate and distinct from those imposed by Unocal? Put another way, is the Revlon standard of review any different than that applicable under Unocal?If so, when do those duties trigger? In Ryan v. Lyondell, the Chancery Court per VC Noble indicated that directors...

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Full post as published by BusinessAssociationsBlog.com on September 15, 2008 (boomark / email).

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