A Primer On Pa. Takeover Case Law: Part 1

Law360, New York (March 24, 2014, 1:42 PM EDT) -- Presented below is Part 1 of a brief survey of leading cases interpreting Pennsylvania corporate law in situations involving takeovers, proxy fights or other matters affecting corporate changes of control. This summary is by no means exhaustive. However, these are the cases that most frequently come up in our experience representing a broad range of Pennsylvania targets and bidders.

For years, Pennsylvania takeover case law was known as a “poor man’s Delaware jurisprudence.” Like their cousins in other states, the Pennsylvania courts frequently looked to the...
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