On Tuesday, June 7, 2011, Cleary Gottlieb partners William Groll, Ethan Klingsberg and David Leinwand, and associate Kimberly Spoerri, participated in a seminar entitled “Financial Advisors and Conflict of Interest in M&A Transactions.”
They provided an overview of the legal duties of financial advisors in M&A transactions. The speakers also discussed issues in auction processes, disclosure issues for financial advisors and how they should interact with shareholders.