Governance Insights: Dual Fiduciaries – A Cautionary Tale for Nominee Directors

Davies Ward Phillips & Vineberg LLP
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The latest edition of Davies’ Governance Insights is now available. In this issue, we review the Manti Holdings decision from Delaware.

For boards, nominees and nominating shareholders, the decision is a reminder of the importance of identifying and managing both actual and perceived conflicts of interests on an ongoing basis. Manti Holdings also illustrates how the failure to adequately address such conflicts may result in costly litigation and years of distraction.

Please see full publication below for more information.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations. Attorney Advertising.

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