Chancery Finds That Buyers Breached Their Efforts Obligation—Auris and Alexion

Harvard Law School Forum on Corporate Governance republished a Fried Frank client memorandum coauthored by senior counsel Gail Weinstein and partners Philip Richter, Steven Epstein, Steven J. Steinman, Maxwell Yim and Colum J. Weiden discussing two Delaware Court of Chancery decisions from September, Fortis Advisers LLC v. Johnson & Johnson and Shareholder Representative Services LLC v. Alexion PharmaceuticalsInc.

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