Richards Layton Attorneys Author Special Committees: Law and Practice, Published by Oxford University Press

January 18, 2011

Firm News| Corporate Transactions| Corporate & Chancery Litigation

WILMINGTON, Delaware (January 18, 2011) – Gregory V. Varallo, Srinivas M. Raju and Michael D. Allen, directors of Richards, Layton & Finger in Wilmington, Delaware, have written Special Committees: Law and Practice, just published by Oxford University Press. Special committees of corporate boards of directors have been widely utilized since the 1980s to resolve conflict of interest transactions, to investigate potential corporate wrongdoing, and to assert the board’s control over pending derivative litigation. An extensive body of law has evolved relating to the use of special committees, and Special Committees: Law and Practice is the first authoritative reference on this emerging area of law.

Written by knowledgeable practitioners in corporate law and special committee practice, this comprehensive book provides in-depth explanations on the uses, benefits and disadvantages of special committees. It is designed as a practical users’ manual for corporate lawyers and general counsel, giving practitioners a unique and thorough working knowledge of special committee law, how to best utilize special committees, and the role of special committee members.

Mr. Varallo, vice chair of Richards Layton’s Corporate Department, focuses his practice on complex corporate and business litigation, corporate governance and corporate transactions. He has litigated numerous complex business disputes in the Delaware courts and has appeared on behalf of the firm’s clients in state and federal courts throughout the U.S. A frequent author and speaker at numerous seminars and institutes, Mr. Varallo is a co-author of Fundamentals of Corporate Governance: A Guide for Directors and Corporate Counsel and a contributor to the Handbook for the Conduct of Shareholders’ Meetings. He has been published in The Business Lawyer, The Securities Regulation Law Journal, M&A Lawyer, Corporate Governance Advisor, Insights and Business Law Today.

Mr. Raju focuses on corporate advisory, corporate governance, transactional and complex litigation matters relating to Delaware corporations and alternative entities. He has litigated numerous corporate control, corporate governance and contractual disputes in the Delaware Court of Chancery and the Delaware Supreme Court. Mr. Raju also advises corporate boards, special committees, general partners and managing members with respect to governance and transactional matters. He has lectured and published numerous articles on fiduciary duty and corporate governance issues, including articles published in The Business Lawyer, Securities & Commodities Regulation, Delaware Journal of Corporate Law and Insights.

Mr. Allen focuses his practice on advisory and transactional matters relating to Delaware corporations. He counsels Delaware corporations on corporate law and governance issues in both routine and extraordinary transactions. Mr. Allen advises corporate boards and special committees on governance issues and in connection with complex transactions, and he also renders legal opinions with respect to issues of Delaware corporate law. A frequent speaker on corporate law matters, Mr. Allen has been published in The Investment Lawyer and Insights.

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About Oxford University Press
The Oxford University Press (OUP) group of publishing companies constitutes the world’s largest university press, publishing more than 6,000 new titles a year and employing approximately 5,000 people across 50 countries. As a result of its diverse, international publishing program, the “Oxford University Press” imprimatur has become familiar worldwide, standing for scholarly, educational and research excellence and authority. The two main offices of OUP USA are located in New York City and Cary, North Carolina.

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