The Harvard Law School Forum on Corporate Governance https://corpgov.law.harvard.edu The leading online blog in the fields of corporate governance and financial regulation. Fri, 28 Aug 2026 11:32:39 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.10 https://corpgov.law.harvard.edu/wp-content/uploads/2024/02/cropped-photography-4-e1706898544564-1-32x32.png Special Committees in Conflict Transactions: A Practical Guide – The Harvard Law School Forum on Corporate Governance https://corpgov.law.harvard.edu 32 32 Special Committees in Conflict Transactions: A Practical Guide https://corpgov.law.harvard.edu/2026/04/06/special-committees-in-conflict-transactions-a-practical-guide/?utm_source=rss&utm_medium=rss&utm_campaign=special-committees-in-conflict-transactions-a-practical-guide https://corpgov.law.harvard.edu/2026/04/06/special-committees-in-conflict-transactions-a-practical-guide/#respond Mon, 06 Apr 2026 11:30:11 +0000 https://corpgov.law.harvard.edu/?p=180097?d=20260403171505EDT Posted by Maeve O’Connor, William D. Regner, and Amy Zimmerman, Debevoise & Plimpton LLP, on Monday, April 6, 2026
Editor's Note:

Maeve O’Connor and William D. Regner are Partners, and Amy Zimmerman is an Associate at Debevoise & Plimpton LLP. This post is based on a Debevoise memorandum by Ms. O’Connor, Mr. Regner, Ms. Zimmerman, and Hadel Alfagir.

Key Takeaways:

  • Special committees can be important tools for boards facing actual or potential conflicts of interest.
  • To realize their benefits, special committees should consist of only disinterested and independent directors, receive a clear and comprehensive mandate, function independently, and ensure that their work is well documented.
  • This article offers practical guidance about when to form a special committee, committee composition, advisors to the committee, and documenting the committee’s work, with a focus on Delaware law.

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