One can erect any number of 'Chinese Walls' in order to prevent conflicts of interest but I still wonder if the something as important as good corporate governance should really be handled by a profit-oriented entity, in particular one owned by a Private Equity firm which may or may not be in it for the long haul. What do you think?
(22 July 2014)
Yesterday, in McRitchie v. Zuckerberg (Del. Ch.; 4/24), Vice Chancellor
Laster confirmed that directors owe “firm-specific fiduciary duties” under
Delaware...
11 hours ago
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