UT Law’s 36th Annual Conference on Securities Regulation and Business Law

Patricia O. Vella, Morris Nichols Delaware Corporate Law Counseling Group partner, will serve as a panelist for the session entitled How Recent Fiduciary Duty Cases Affect Advice to Directors and Officers of Delaware and Texas Corporations, at The University of Texas School of Law’s 36th Annual Conference on Securities Regulation and Business Law in Dallas, Texas, on February 14, 2014.

The panel will discuss the fiduciary issues that directors and officers face in the current M&A market and consider the lessons to be learned from recent decisions of courts in Delaware and Texas concerning the deference afforded boards to run a sale process, the competing interests of holders of common stock, preferred stock and debt, and the duties of controlling stockholders in a sale process. The panel will also address fiduciary duties in the context of partnerships and limited liability companies.  Joining Patricia as faculty panelists will be Myron T. Steele, Potter Anderson & Corroon LLP, Former Chief Justice, Delaware Supreme Court; James R. Griffin, Weil, Gotshal & Manges LLP; and Byron F. Egan, Jackson Walker L.L.P.

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