Quantcast

Author Archives: Stephen M. Honig

Dela-where? The ground rules for M&A transactions

What state has more corporations than people? Delaware, with approximately 950,000 people and well over a million registered corporations. You would think that, given those demographics and the acceptance of Delaware courts as the premier authority in corporate law, practitioners ...

Read More »

Boards of directors: past, present and future

HONIG, STEPHEN

Decades ago, the functions of public boards of directors were easily articulated: boards evaluated management, used best judgment, did not self-deal, and discharged the duties of care and loyalty. The primary role was overseeing strategy. Disinterested directors were protected by ...

Read More »

Recent corporate developments: a practical guide

HONIG, STEPHEN

The last few months have taught us a few things about financing and selling companies. Below are some current developments. Single purpose entities Many lenders attempt to prevent business borrowers from seeking bankruptcy relief, thus protecting their contractual collection provisions. ...

Read More »