Search for: "MacAndrews & Forbes v. Revlon, Inc." Results 41 - 60 of 62
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11 Aug 2019, 8:50 am by Omar Ha-Redeye
MacAndrews & Forbes Holdings, where the court stated, The duty of the board had thus changed from the preservation of Revlon as a corporate entity to the maximization of the company’s value at a sale for the stockholders’ benefit. [read post]
12 Mar 2014, 12:35 pm by John Stigi
  When faced with non-exculpated duty of loyalty claims, Delaware courts will accept a less-than-optimal shop process as long as the directors did not act with a “conscious disregard” of their duty under Revlon, Inc. v. [read post]
14 Nov 2011, 7:50 am by Stikeman Elliott LLP
Under Canadian law, a formal Revlon-style auction is not always necessary for a target board to satisfy its fiduciary duties in a change of control context. [read post]