When the members of a board have conflicting interests in a proposed transaction or it involves a controlling stockholder, the use of an independent, well-functioning special committee can both protect stockholders and significantly increase the likelihood that a reviewing court will respect the final transaction.
Young Conaway’s attorneys have guided multiple special committees and special conflict transaction committees in negotiating, evaluating, approving, and defending a variety of complex transactions. They offer the knowledge and experience necessary to assist special committees in complying with their duties and obligations in order to secure the results that best meet the needs of companies and their stockholders.