Jonathan Gworek Panels ABA Event on Great Hill Equity Partners Case 03/03/2014Posted by Morse, Barnes-Brown Pendleton in Attorney News, Venture Capital & Private Equity.
Tags: ABA, panel, PEVC, private equity, venture capital
On January 27th, MBBP Corporate Partner and Chair of the Private Equity and Venture Capital Committee of the American Bar Association, Jonathan Gworek, moderated a webinar on the implications of the recent Great Hill Equity Partners case. In this case the Delaware Court of Chancery held that under Section 259 of the DGCL, all privileges—including the attorney-client privilege—pass from the acquired corporation to the surviving corporation in a merger.
In October, Jon moderated a similar webinar on the recent In re Trados Inc. Shareholder Litigation opinion, in which the Delaware Court of Chancery found that a sale of the venture backed company was entirely fair notwithstanding the fact that the common stockholders received none of the merger consideration.
Materials from both panel discussions can be found here.
Please feel free to contact Jonathan Gworek with any questions on these topics.