With multiple European and South American countries promising an affordable retirement, Americans are increasingly renouncing U.S. citizenship and expatriating, some gaining citizenship, outside the United...
Lease security deposit deductions typically cover repair costs for damages beyond normal wear and tear and cleaning expenses when rentals are returned in substandard condition. However, landlords and tenants...
Indemnification provisions and representations and warranties are critical components in private target acquisition agreements because they determine the allocation of post-closing transaction risks. Once...
This practice note covers dietary supplement structure/function claims and the laws and regulations, administrative guidance, and federal cases that govern them. Read now » Related Content ...
Do you need a day of rest policy for retail employees based in Texas? Read our newly published template, Day of Rest Policy (with Acknowledgment) (Retail Employees) (TX) . Read now » Related...
A board of directors generally owes duties of loyalty and care to a corporation and its stockholders under Delaware law. And in most general matters, the starting point for considering director duties is the business judgment rule, a presumption that in making the decision to effect a merger, sale, or acquisition of a company, the directors and officers acted on an informed basis, in good faith, and in the belief that the action was in the best interests of the corporation. However, the duties a board owes in the context of an M&A transaction, and whether the business judgment rule is applied, depends on circumstances related to the specific transaction, including the transaction type. M&A attorneys must be up to speed on the duties of a board in any given M&A transaction, and Practical Guidance has you covered! Be prepared to advise your clients on board duties in M&A transactions, including merger, stock purchase, and asset purchase transactions, with this board presentation.
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