Webinar
As companies become more acquisitive - or perhaps look for a strategic or financial buyer - Board members should be attuned to the legal, financial and regulatory implications of any deal. By better understanding the Board's role, Directors (and Officers) can increase stockholder value, reduce conflict within the organization, and mitigate litigation risk.
In The Board's Role in M&A Transactions, Jeff Phillips of SRR and Michael Levitin of WilmerHale will discuss the integral role that Directors play in major corporate M&A decisions, their responsibilities to review and recommend a proposed transaction, the major challenges (and concerns) they may face, and other factors that affect the fulfillment of their fiduciary duties to a company's shareholders.
Specifically, this presentation will touch on the following topics, including:
- How does the role of the Board differ from the role of management in an M&A process?
- What are the primary standards of review / fiduciary duty for the Board in M&A transactions, and how do they differ?
- What is the role of a Special Committee in reviewing a transaction, and how does this committee typically operate?
- What is a Fairness Opinion? What is its purpose and typical scope?
- What is a Solvency Opinion, and when should Boards also consider engaging a financial advisor to render a solvency opinion in an M&A deal?
