Speaking Engagement

Michael Dunn and Matthew Hafter to Present “Perils and Opportunities in Going Private” Bloomberg BNA Webinar

4/9/2015

Webinar

Michael Dunn and Matthew Hafter, partners of Seyfarth Shaw, co-vice chairs of the firm’s national Capital Markets group, and authors of Bloomberg BNA’s Corporate Stock Repurchases and Going Private portfolio, are presenting a webinar titled “Perils and Opportunities in Going Private” on April 9, 2015 from 1:00 - 2:30 PM ET.

This webinar will summarize the basic legal rules and practical considerations applicable to equity securities repurchase transactions under state law and federal securities laws. The business reasons for such transactions will be discussed as well as the state law limitations based upon impairment of capital, federal securities law disclosure issues, and judicial decisions affecting “going private” transactions.

Educational Objectives:

  • Learn to identify situations where the risks of conflicting interests, duty of loyalty and disclosure arise.
     
  • Hear a summary of SEC disclosure rules for these types of transactions and recent developments that are mandatory for public companies and serve as a useful template/checklist for private companies engaging in these transactions.
     
  • Understand recent developments in Delaware case law focusing on fiduciary duties involved with these types of transactions. The principal fiduciary duty implicated - the duty of loyalty - cannot be subject to exculpation so directors must worry about personal liability.
     
  • Gain insight into how to structure the transaction, how to effectively use board committees, what information to disclose


For more information and to register, click here.