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WEBCAST | Professionalism & Ethics | Ethical Issues in Derivative Litigation with Special...
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WEBCAST | Professionalism & Ethics | Ethical Issues in Derivative Litigation with Special...

WEBCAST | Professionalism & Ethics | Ethical Issues in Derivative Litigation with Special Litigation Committee

5/11/2018
When: Friday, May 11
12:00 p.m. - 1:00 p.m.
Where: Online
Minnesota
United States
Contact: Sarah Mayer
612-752-6600


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Professionalism & Ethics
WEBCAST | Ethical Issues in Derivative Litigation with Special Litigation Committee

In minority shareholder litigation, and in merger and acquisition litigation, plaintiffs frequently make derivative claims based on excessive compensation, mismanagement and related allegations. The defendant company may respond by appointing a Special Litigation Committee (“SLC”) to evaluate the claims and determine what action the company should take.  If the SLC acts with due diligence and is unbiased, Courts will typically defer to the business judgment of the SLC.  This Panel, consisting of three lawyers with extensive experience as the SLC and representing the SLC, the defendant company and the defendant officers and directors/managers.  The presentation will walk through the SLC process, from the initial demand by the plaintiff, the appointment of the SLC, and SLC investigation and report, and subsequent Court consideration of the SLC report.  The presentation will also consider the ethical issues and “traps for the unwary” that may arise with regard to the differing roles of the SLC, the defendant corporation and its counsel, and the officers and directors/managers and their counsel, through each step of the SLC process.

1.0 Ethics MBCLE credit applied for

Speakers: Judge 
George F. McGunnigle, retired Fourth District Court Judge; Steve Gaskins, Managing Partner, Gaskins Bennet Birrell LLP; and Terry Fleming, Shareholder, Fredrikson & Byron, P.A.

Cost: $20.00 for HCBA members / $50.00 for non-members 

Please Read This Important Notice About Attending Our Webcasts:

In order to attend this CLE and receive MNBCLE credit, you must do both of the following:

  1. Begin your registration by clicking on the blue "Register" button in the upper right of this page.
  2. Once you have completed your order you'll be taken to our thank you page. On this page there will be a link to complete your registration through GoToWebinar. Shortly after completing this registration you will receive an email that will include a unique link giving you access to the webcast.

 

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*Speakers and credits may be subject to change.
*Cancellations must be received 7 days prior to the event in order to be eligible for a refund. The cost of materials will be deducted from total amount of the refund. Those registering for an event fewer than 7 days prior to the event will be ineligible for a refund.