The Value of A Well Functioning, Independent Special Committee Is Highlighted by the Recent Delaware Chancery Decision, In Re Southern Peru

Palo Alto Partner Diane Frankle advises clients on a wide range of corporate transactions and governance issues. In this bylined article, published in Corporate Law 360, Frankle draws on the Southern Peru Copper shareholder derivative litigation case to help boards understand the role and value of having an Independent Special Committee when negotiating a complex acquisition.