Disinfecting with Sunlight: Vice Chancellor Laster on Attorney Misconduct in M&A Cases

Vice Chancellor Laster recently delivered a lecture at the University of Iowa College of Law focused on attorney ethics. As followers of this blog know, Vice Chancellor Laster has issued several M&A decisions that feature factual findings regarding attorney conduct. Three of them – the so-called “A-Trilogy” – were the subject of his presentation (AB Stable; Anthem; and Akorn).

We would suggest all interested watch the video; junior attorneys would likely be particularly well served to consider the Vice Chancellor’s message. As additional motivation, in closing, the Vice Chancellor stated:

“I will continue to describe lawyer misbehavior when I see it and when it is relevant to the outcome. And I will continue to rely on Lewis Brandeis’ teaching that sunlight is the best disinfectant.”