The life and adventures of Unocal - Part I: Moore the marrier
Article Abstract:
The Delaware Supreme Court's decision in Unocal Corp. v. Mesa Petroleum Co. apparently added a third fiduciary duty standard applied to corporate directors' actions when their corporations are targets of takeover bids. The standard developed over a dozen-year period during which a dialogue between the Delaware Supreme Court and Court of Chancery occurred. The standard is likely to continue to develop with changes in circumstances.
Publication Name: Delaware Journal of Corporate Law
Subject: Law
ISSN: 0364-9490
Year: 1998
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What's left of Unocal?
Article Abstract:
The Delaware Supreme Court, in the cases of Unocal Corp. v. Meas Petroleum Co. and Moran v. Household International, Inc. established standards of review for corporate directors defense actions against a takeover bid. Subsequent decisions have removed many of the protections for stockholders established by these decisions. The author suggests methods to return to them.
Publication Name: Delaware Journal of Corporate Law
Subject: Law
ISSN: 0364-9490
Year: 2001
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What's left of Unocal?
Article Abstract:
The members of this panel discuss the standards or review for the actions of corporate directors first established in the Delaware Supreme Court cases of Unocal Corp. v. Mesa Petroleum Co. and Moran v. Household International, Inc. They focus on defenses against corporate takeovers.
Publication Name: Delaware Journal of Corporate Law
Subject: Law
ISSN: 0364-9490
Year: 2001
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