Advertisement
CEO’s Role in Preparation of a Proxy Statement for a Merger Exposes CEO to Duty of Care Claims Friday, March 5, 2021
In In Re Baker Hughes Inc. Merger Litig., C.A. No. 2019-0638-AGB (Del. Ch. Oct. 27, 2020), the Delaware Court of Chancery declined to dismiss claims that the CEO of Baker Hughes Incorporated (“
Baker Hughes”) breached his fiduciary duty of care by failing to include unaudited financial statements of the oil and gas segment of the General Electric Company (“
GE O&G”) in a proxy statement soliciting the stockholder vote on Baker Hughes merger with GE O&G. As a result, the Court found that (1) the stockholder vote was uninformed, and (2) enhanced scrutiny under
Szünetel a személyes ügyintézés a közműszolgáltatóknál
magyarhirlap.hu - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from magyarhirlap.hu Daily Mail and Mail on Sunday newspapers.
Tech: Hétfőtől a közműszolgáltatóknál is szünetel a személyes ügyintézés
hvg.hu - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hvg.hu Daily Mail and Mail on Sunday newspapers.