(March 19, 2012, The Deal)
In an interview with The Deal’s
senior writer David Marcus on corporate board issues, Michael Aiello, Chairman of Weil, Gotshal & Manges LLP's Corporate Department and co-head of the firm’s New York Private Equity and Mergers & Acquisitions practices, said that the shareholder lawsuit challenging El Paso Corp.'s sale to Kinder Morgan Inc. "reminds us how important it is for boards to have information." Aiello, who spoke with The Deal
at Tulane University Law School's Corporate Law Institute in New Orleans, noted that "disclosure in and of itself doesn't cure everything."
Watch the full interview