Special committees, by design, are created to address conflicts and to insulate the board ...

Pleading Bad Faith Against Special Committee Members: A New Trend? – Corporate/Commercial Law – United States – Mondaq News Alerts

Special committees, by design, are created to address conflicts and to insulate the board of directors from liability for the very conflicts that may invite judicial scrutiny of the fairness of the board's decision. A well-functioning special…

 

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