• Health Care Law Newsl · Feb 1995

    Mergers and acquisitions: director and consultant liability exposure.

    • J M Waxman.
    • Health Care Law Newsl. 1995 Feb 1; 10 (2): 12-5.

    AbstractCorporate directors and their consultants must make decisions in an uncertain and changing health care environment. The losses each may face as a result of an incomplete analysis of the true value of the entities involved in mergers or acquisitions may extend beyond the failure of the transaction to the creation of personal liability as well. Accordingly, objective, careful, detailed, and fair decision-making based upon adequate information is more critical than ever for directors if they are to be able to take advantage of the business judgment rule, and also for consultants to avoid their own liability when transactions fail to deliver the values they have estimated.

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