Private Equity Sponsors and Interlocking Directorates: Potential Antitrust Pitfall for the Unwary
- Topics:
- Commercial Banking
- Tags:
- Antitrust,
- Private Equity,
- Pitfall,
- Investment,
- Financial Services,
- Finance,
- Director,
- Corporate Law,
- Corporate Governance,
- Business Operations,
- ...
- Source:
- Weil, Gotshal & Manges
FREE Registration is required
Overview: A recent US lawsuit has ruled that a private equity firm cannot appoint directors to the boards of two competing portfolio companies even if those directors are different individuals. In this article, Debra Pearlstein and Jae Kim of Weil, Gotshal & Manges advice private equity firms on how to avoid the pitfalls of this legislation.
(Is this item miscategorized? Does it need more tags? Let us know.)
Format: HTML | Date: Aug 2004 | Pages: 3



