Jackson Walker partner Byron Egan
spoke at the University of Texas School of Law – Continuing Legal Education 5th Annual Mergers and Acquisitions Institute
. The presentation was October 16 at the Ritz Carlton in Dallas, Texas.
Mr. Egan presented "Rule of Law or Rule of Awe: Fiduciary Duties in M&A Transactions." Directors and officers owe fiduciary duties to the corporations they serve. When the company is under financial stress and subject to regulatory pressures to quickly take major actions, directors may be called upon to truncate normal vetting processes in making decisions about M&A transactions. Mr. Egan co-presented with Mark A. Morton of Potter Anderson & Corroon LLP and they discussed significant recent cases and shared insights for counseling directors in difficult situations. To learn more about the Institute
, CLICK HERE
Mr. Egan is engaged in a corporate, partnership, securities, mergers and acquisitions, and financing practice. He has extensive experience in business entity formation and governance matters, M&A, and financing transactions in a wide variety of industries including energy, financial, and technology. In addition to handling transactions, he advises boards of directors and their audit, compensation, and special committees with respect to fiduciary duty, Sarbanes-Oxley Act, special investigation, and other issues. Mr. Egan received his B.A. and J.D. degrees from the University of Texas. After law school, he served as a law clerk for Judge Irving L. Goldberg on the United States Court of Appeals for the Fifth Circuit. Mr. Egan is Senior Vice Chair and chair of the Executive Council with the American Bar Association Mergers and Acquisitions Committee.