Flawed, but Fair: Updated Guidance for Boards and Investors

A recent Delaware decision, in re Trados Incorporated Shareholder Litigation, underscores a director’s responsibilities in “underwater” venture deals. In a 114-page opinion by Vice Chancellor Laster, the court reviewed the sale of Trados...
By: Smith, Anderson, Blount, Dorsett, Mitchell &

Smith, Anderson, Blount, Dorsett, Mitchell &