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Business Organizations Law

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2013

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Articles 1 - 7 of 7

Full-Text Articles in Law

The Case Beyond Time, Lyman P.Q. Johnson, David K. Millon Jan 2013

The Case Beyond Time, Lyman P.Q. Johnson, David K. Millon

David K. Millon

The Delaware Supreme Court's opinion in Paramount Communications, Inc. v. Time, Inc.' treats several important questions that arise in connection with hostile corporate takeovers. At the same time, it leaves three critical issues unanswered. In this article, we first briefly describe what the Time decision did, comparing Chancellor William Allen's somewhat discursive Chancery Court opinion with the more peremptory ruling of the Supreme Court. Next, we identify three unarticulated but potentially far-reaching implications of both the Supreme Court's and Chancellor Allen's reasoning that threaten to destabilize seemingly settled doctrine governing the conduct of target company management.


Corporation Code Sections 309 And 1203: California Redefines Directors' Duties Towards Shareholders, Ernest F. Batenga, Mark Willis Jan 2013

Corporation Code Sections 309 And 1203: California Redefines Directors' Duties Towards Shareholders, Ernest F. Batenga, Mark Willis

Pepperdine Law Review

No abstract provided.


Misreading The Williams Act, Lyman P.Q. Johnson, David K. Millon Jan 2013

Misreading The Williams Act, Lyman P.Q. Johnson, David K. Millon

Lyman P. Q. Johnson

No abstract provided.


Missing The Point About State Takeover Statutes, Lyman P.Q. Johnson, David K. Millon Jan 2013

Missing The Point About State Takeover Statutes, Lyman P.Q. Johnson, David K. Millon

Lyman P. Q. Johnson

No abstract provided.


The Case Beyond Time, Lyman P.Q. Johnson, David K. Millon Jan 2013

The Case Beyond Time, Lyman P.Q. Johnson, David K. Millon

Lyman P. Q. Johnson

The Delaware Supreme Court's opinion in Paramount Communications, Inc. v. Time, Inc.' treats several important questions that arise in connection with hostile corporate takeovers. At the same time, it leaves three critical issues unanswered. In this article, we first briefly describe what the Time decision did, comparing Chancellor William Allen's somewhat discursive Chancery Court opinion with the more peremptory ruling of the Supreme Court. Next, we identify three unarticulated but potentially far-reaching implications of both the Supreme Court's and Chancellor Allen's reasoning that threaten to destabilize seemingly settled doctrine governing the conduct of target company management.


The Delaware Judiciary And The Meaning Of Corporate Life And Corporate Law, Lyman P.Q. Johnson Jan 2013

The Delaware Judiciary And The Meaning Of Corporate Life And Corporate Law, Lyman P.Q. Johnson

Lyman P. Q. Johnson

No abstract provided.


The Eventual Clash Between Judicial And Legislative Notions Of Target Management Conduct, Lyman P.Q. Johnson Jan 2013

The Eventual Clash Between Judicial And Legislative Notions Of Target Management Conduct, Lyman P.Q. Johnson

Lyman P. Q. Johnson

No abstract provided.