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Expert Analysis

A Primer On Pa. Takeover Case Law: Part 2

Law360, New York ( March 28, 2014, 11:46 AM EDT) -- Presented below is Part 2 of a brief survey of leading cases interpreting Pennsylvania corporate law in situations involving takeovers, proxy fights and other matters affecting corporate changes of control. Part 1 of this article examined a few significant cases interpreting Pennsylvania law relating to poison pills, lockups, fiduciary duties and derivative suits in the wake of Pennsylvania's legislative overhauls of its Business Corporation Law. The following continues our exploration of important areas in which Pennsylvania courts have carved out a body of state corporate law distinct from that of Pennsylvania's neighboring Delaware....

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