Jim Smith Speaks at PLI M&A Litigation 2014

Winston & Strawn attorney Jim Smith spoke at PLI’s M&A Litigation 2014 program in New York on June 26, 2014.

Smith was a featured speaker during the “Aiding and Abetting Claims in M&A Litigation” panel, covering the following topics:

• What are aiding and abetting claims and why do they exist?
• Why do plaintiffs bring aiding and abetting claims?
• Who are the usual targets of aiding and abetting claims?
• How dangerous are aiding and abetting claims?
• The implications of the Court of Chancery’s decisions in Rural Metro
• Are alleged aiders and abettors at greater risk than primary wrongdoers in post-closing deal litigation?
• If target stockholders have waived their right to seek damages from target directors in a 102(b)(7) provision, why should those stockholders be able to seek damages from alleged aiders and abettors?

Mr. Smith is a partner in the New York office and chairs the firm’s securities litigation practice.