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Blocking Rights Boomerang After Basho Decision, The Deal*

September 18, 2018

Morgan Lewis partner John Park is quoted in The Deal regarding the Basho decision, a case in which a control stockholder was found liable for $20.3 million. Park notes that “VCs are generally more sensitized to fiduciary risks” and that this decision “will cause many VCs to be more careful about how they implement so-called pay-to-pay structures ...”

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