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Discipline

Sep. 3, 2004

Merger Negotiations Require Candor By Attorneys, Not Misrepresentation

Focus Column - Corporate Law - By Thomas C. Klein - The decision in the recent case of Vega v. Jones, Day, Reavis & Pogue, 2004 DJDAR 9475 (Cal. App. 2nd Dist. Aug. 2, 2004), serves as a reminder of an important legal boundary in merger negotiations - namely that an attorney for a party can be liable to a nonclient counterparty for material false statements or omissions made during negotiations.

        Focus Column
        
        Corporate Law
 &nbs...

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