Boosted Bear Deal Unlikely To Slow Lawsuits

Law360, New York (March 24, 2008, 12:00 AM EDT) -- The boost JP Morgan Chase & Co. recently gave to its bargain basement bid for Bear Stearns Cos. won't do much to stem the wave of litigation expected from the collapse of the once high-flying investment bank, experts say.

For starters, shareholders are still likely to to drag the deal into court, some experts say.

“I think there's always a possibility of litigation – these deals inevitably get challenged in court,” said Jill Fisch, a business law professor at Fordham University. “Deals proceed with the existence...
To view the full article, register now.