A thought for would-be empire bulders

On November 19th, a state court in California enjoined a hostile acquisition on the ground that the bidder misused confidential information. As Wachtell Lipton said in a memo to clients, the case is an instructive instance of how confidentiality agreements can have important unintended consequences.

The decision is DEPOMED v. HORIZON PHARMA.

Here's a link, if you care to study the point further.

The litigation arises in the context of an ongoing consolidation in the world of Big Pharma. I hope to say something more directly about that consolidation in this blog soon. Just take this post as a promissory note.

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A Story About Coleridge

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Jamesian Philosophy Refreshed

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