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: M & A Law Prof Blog

What must a Board do to satisfy its Revlon duties?

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Milbank, Tweed reviews the decision of the Delaware Court of Chancery in Police & Fire Ret. Sys. of the City of Detroit v. Bernal, et al. and concludes [The Delaware Supreme Court?s recent decision in Lyondell Chemical Company v. Ryan]...

Full post as published by M & A Law Prof Blog on July 29, 2009 (boomark / email).

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Lawsuits and Settlements

Grubb & Ellis
alleging violations of fiduciary duties to shareholders and securities laws.

Lehman Brothers
allegedly breached ERISA duties for employee savings plan participants.

Mutual Fund Losses
alleging financial advisors breached fiduciary duties by not looking out for investors best interests.

Fayette County School Board
faces sex abuse class action lawsuit

Undetected Sewage Spill
Prichard Water Works and Sewer Board spends $17 million on upgrades and testing.

Racist Voicemail
Stamford Board of Education pays student $37,500 settlement after failing to protect her from racial discrimination.

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