M&A Advisor Disclosures After Brookfield, Inovalon and Berger

August 26, 2026

Publication| Legal Opinions| Transactional Committees| Corporate Transactions| Corporate Governance| Mergers & Acquisitions| Corporate & Chancery Litigation

The Delaware Court of Chancery’s decision in Berger v. Fox clarifies that M&A proxy disclosures are sufficient when they identify relevant adviser relationships and fees, including the “rough scale” of concurrent engagements, without requiring exact dollar amounts or disclosure of every immaterial relationship.

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