Andrews Corporate Officers and Directors Liability Litigation Reporter
February 25, 2002
Breach of Duty (Aiding and Abetting):
Copyright (c) 2002 Andrews Publications
ACQUIROR THAT OFFERED BONUSES TO TARGET COMPANY EXECS NOT LIABLE
McGowan v. Ferro
A gaming company that acquired two riverboat casinos from Empress Entertainment Inc. did not acquire any liability in the deal because it did not aid and abet a breach of duty by Empress directors who allegedly sold the assets too cheaply, a Delaware...