How have courts considered conflicts of interest in the context of a transaction involving a private equity company?
California, United States of America
The following excerpt is from Landvalue 77 v. Bd. Of Tr.S Of The Cal. State Univ., No. 07CECG02872, No. 07CECG02874, No. F058451 (Cal. App. 2011):
at p. 1075.) "In considering conflicts of interest we cannot focus upon an isolated 'contract' and ignore the transaction as a whole." (People v. Honig (1996) 48Cal.App.4th 289, 320, italics added.) That court also stated:
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