Linchpins Of A Successful Special Committee

Law360, New York (October 22, 2012, 1:59 PM EDT) -- Special committees are being used today more than ever before. In the corporate transaction context, this is largely due to the increased number of transactions involving significant conflicts such as take-privates and controlling stockholder and management buyouts resulting, in part, from the growing prominence of private equity firms in the mergers and acquisition market.

Special committees are also playing an increasingly important role in investigating and addressing allegations of illegal or otherwise improper conduct within a company. This is largely attributable to the corporate scandals of...
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