When the Debt Incurred in a Cash Merger Causes the Target to Fail: Protecting Target Directors

Recent high-profile examples demonstrate the potential liability directors may face if they approve a cash merger financed in substantial part through borrowing and the target company fails. This Director Notes describes that risk and reviews steps directors can consider that may help mitigate it.


Director Notes ( pgs)
Complimentary: Sign in or create an account to download.
  • Human Capital
  • Back to Top