Concerns Relating to Interlocking Directorates

Katherine D. (Kady) Ashley Edward B. Micheletti Maria Raptis David P. Wales

On February 17, Skadden held the fifth and final part — “Concerns Relating to Interlocking Directorates” — of our annual SEC Reporting & Compliance and Corporate Governance Series. Speakers included M&A partner Katherine Ashley, litigation partner Edward Micheletti and antitrust/competition partners Maria Raptis and David Wales. Topics included the law and policy underlying the principal antitrust statute prohibiting interlocking directorates between competitors, Section 8 of the Clayton Act, SEC disclosure considerations, company policies and procedures, and practical guidance for avoiding unlawful interlocks.