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- Title
A COMMENT UPON "UNOCAL AT 20".
- Authors
Sparks III, A. Gilchrist
- Abstract
The author commends the Delaware Supreme Court's decision on the case of Unocal Corp. and expresses support on professor Stephen M. Bainbridge's analysis of the preceding circumstances leading to the decision. He argues that the adoption of defensive measures of the board of Unocal is justified as it defends the disaggregated body of shareholders. Moreover, he stresses that the board is in the right position to pursue the interest of the shareholders in defense of a hostile takeover.
- Subjects
DELAWARE; TENDER offers; MERGERS &; acquisitions law; UNOCAL Corp.; CORPORATION law; DELAWARE. Supreme Court; ACTIONS &; defenses (Law)
- Publication
Delaware Journal of Corporate Law, 2006, Vol 31, Issue 3, p887
- ISSN
0364-9490
- Publication type
Editorial