Scott Eckl

Scott Eckl

Kramer Levin Naftalis & Frankel LLP

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Delaware Chancery Court Finds CEO Violated Revlon Duties by Tilting Sale Process to Preferred Bidder and That the Bidder Aided and...

In a recent post-trial decision, Delaware Chancellor Kathaleen St. J. McCormick found a CEO personally liable for breaching his fiduciary duties for tilting the company’s sale to his preferred acquiror. The court further held...more

3/31/2023  /  Aiding and Abetting , Breach of Duty , Disclosure Requirements , Fiduciary Duty , Joint and Several Liability , Personal Liability , Popular
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