Resources and Advisory Services

If you're an investor that wants to turn around an underperforming portfolio company, then TAI is for you.

Management listens to The Activist Investor.

What Happens in Delaware, Doesn't Stay in Delaware

[This might look familiar, since we sent out this email message at this time last year, but everyone liked it, so why argue?]

It's a little like Vegas, since folks go there to gamble, too, but instead of a casino bettors hang out in Delaware Chancery Court. And, the players don't keep secrets that stay there, but instead create precedents that affect corporate law and governance across the country.

Several outstanding sources compiled the best and worst wagers (yeah, it's getting old already, didn't start well in the first place, so I'll stop here) from 2014:

Delaware Corporate and Commercial Litigation Blog (Delaware practicing litigator Francis Pileggi's blog)
The Race to the Bottom (University of Denver law professor Jay Brown's blog)
Fried Frank and DLA Piper also have firm memos analyzing notable cases, mostly for corporate clients.

These highlight the most important Delaware Chancery and Supreme Court decisions last year. Pileggi lists top five cases, while Brown identifies the worst five for investors.

This is important stuff for all investors, and interesting in its detail to attorneys (of course), investors with Delaware companies in their portfolio, and governance aficionados. Both complement nicely our review of 2014 for activist investors, and our preview of 2015. Pileggi and Brown cover the highlights succinctly and accessibly, and are worth your time.

You can find other useful resources at the TAI website, including our research on "Effective Activism" and our white paper with the basics on activism.

For further information, or to discuss a specific turnaround situation, please contact:

Michael R. Levin
[email protected]
847.830.1479