Deal Talk EP9: The Star Decision: Lessons for dealmakers

In this episode HSF Kramer M&A partners Rebecca Maslen-Stannage and Mia Harrison-Kelf unpack the Star Entertainment decision, one of the most closely watched director duty cases in recent years, and explore what it means for directors and executives navigating transactions. The discussion covers the standard expected of directors when relying on management information, how to test and challenge information in a deal context, why insight matters more than volume in board packs, how to identify, manage and document conflicts of interest, and the importance of managing urgency in transactions through effective contemporaneous record-keeping. A practical discussion on how the Star decision shapes corporate governance and director duties in the context of M&A transactions, and what every director, executive and general counsel needs to know to do deals safely.