What exactly did Merrill Lynch investment bankers tell the Huntsman board as it considered a response to the collapse of its $10.6 billion buyout by Hexion Specialty Chemicals? Did the company’s financial advisers — newly retained as “litigation consultants” — advise the Huntsman board that Hexion was justified in walking away from the deal?

Thanks to an Aug. 22 ruling by Chancellor Stephen Lamb of Delaware Chancery Court (pdf), Hexion’s lawyers at Wachtell, Lipton, Rosen & Katz will soon find out.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Advance® Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]