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: M & A Law Prof Blog

Statutory Fiduciary Duties, Unocal, and Revlon outside Delaware

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I've written on this before. In the 1980s during the great takeover boom and hollowing out of the industrial heartland, many states adopted amendments to their corporate codes that codified directors' fiduciary duties. In general, these provisions made it clear...

Full post as published by M & A Law Prof Blog on October 06, 2010 (boomark / email).

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Lawsuits and Settlements

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

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

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

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