S&C Global Head of M&A Frank Aquila Discusses Corporate Purpose in Practical Law ColumnFebruary 21, 2020
S&C global head of M&A Frank Aquila’s latest column, published in Practical Law: The Journal, discusses key issues for corporate boards to consider when addressing topics relevant to corporate purpose. This has been an important subject of discussion for public companies since the Business Roundtable released its “Statement on the Purpose of a Corporation” in August 2019. In his column, which takes the form of a memorandum to a board of directors, Frank provides a high-level overview of key legal and practical issues for a Board to consider in connection with a discussion of corporate purpose and ESG, including public discourse on the topic, the general principle of shareholder primacy under Delaware law, and more.
To read the column, click here.