{"id":1090,"date":"2016-03-23T15:02:04","date_gmt":"2016-03-23T19:02:04","guid":{"rendered":"http:\/\/blogs.harvard.edu\/hlscasestudies\/?p=1090"},"modified":"2016-03-23T16:23:37","modified_gmt":"2016-03-23T20:23:37","slug":"new-product-the-allergan-board-under-fire-a-and-b","status":"publish","type":"post","link":"https:\/\/archive.blogs.harvard.edu\/hlscasestudies\/2016\/03\/23\/new-product-the-allergan-board-under-fire-a-and-b\/","title":{"rendered":"NEW PRODUCT: The Allergan Board Under Fire (A) and (B)"},"content":{"rendered":"<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-1094 size-large\" src=\"https:\/\/i0.wp.com\/blogs.harvard.edu\/hlscasestudies\/files\/2016\/03\/Coates-5-1024x683.jpg?resize=640%2C427\" alt=\"Coates (5)\" width=\"640\" height=\"427\" srcset=\"https:\/\/i0.wp.com\/archive.blogs.harvard.edu\/hlscasestudies\/files\/2016\/03\/Coates-5.jpg?resize=1024%2C683&amp;ssl=1 1024w, https:\/\/i0.wp.com\/archive.blogs.harvard.edu\/hlscasestudies\/files\/2016\/03\/Coates-5.jpg?resize=500%2C333&amp;ssl=1 500w, https:\/\/i0.wp.com\/archive.blogs.harvard.edu\/hlscasestudies\/files\/2016\/03\/Coates-5.jpg?resize=768%2C512&amp;ssl=1 768w, https:\/\/i0.wp.com\/archive.blogs.harvard.edu\/hlscasestudies\/files\/2016\/03\/Coates-5.jpg?w=1280&amp;ssl=1 1280w, https:\/\/i0.wp.com\/archive.blogs.harvard.edu\/hlscasestudies\/files\/2016\/03\/Coates-5.jpg?w=1920&amp;ssl=1 1920w\" sizes=\"auto, (max-width: 640px) 100vw, 640px\" \/><\/p>\n<p><em><a href=\"http:\/\/casestudies.law.harvard.edu\/the-case-development-initiative\/\">The Case Development Initiative (CDI)<\/a> at Harvard Law School recently debuted a new case study on the HLS Case Studies website. CDI develops role plays and case studies based on strategic and organizational issues faced by legal organizations. These cases focus on real life situations and are suitable for law school classrooms as well as professional development programs.<\/em><\/p>\n<p><strong>NEW PRODUCT: The Allergan Board Under Fire (A) and (B) <\/strong><\/p>\n<p><em>Post by Dr. Lisa Rohrer, Executive Director of the Case Development Initiative and Lecturer on Law at Harvard Law School<\/em><\/p>\n<p>In a <a href=\"http:\/\/blogs.wsj.com\/moneybeat\/2016\/03\/16\/dealpolitik-valeant-disaster-vindicates-allergan-directors\/\">March 16 2016 Wall Street Journal commentary<\/a>, Ronald Barusch suggested that the shareholders of Allergan deserved credit for fending off a 2014 takeover bid from Valeant Pharmaceuticals and Pershing Square Capital Management. In his article, Barusch remarked that although Allergan\u2019s board appeared to have made the right decision (Valeant shares are trading over 70% below their share price when they approached Allergan), the company\u2019s directors \u201cfaced withering criticism as they resisted the Valeant bid.\u201d<\/p>\n<p>A recently published HLS case study titled <u><a href=\"http:\/\/casestudies.law.harvard.edu\/the-allergan-board-under-fire-a\/\">The Allergan Board Under Fire (A)<\/a><\/u> and <u><a href=\"http:\/\/casestudies.law.harvard.edu\/the-allergan-board-under-fire-b\/\">(B)<\/a><\/u> details the dilemma faced by Allergan\u2019s board of directors as they debated the takeover bid. The case, jointly published with Harvard Business School, is authored by HLS professor John Coates, HBS professors Lynn Sharp Paine and Suraj Srinivasan and HBS senior case researcher David Lane. It challenges students to think through the decisions faced by Allergan\u2019s directors as they debated the merits of Valeant\u2019s offer, media pressure surrounding the deal, and strategic alternatives involving other companies. The case study highlights the complexities induced by the increasing power of shareholders and how shareholder activism impacts boards of directors\u2019 decisions around the company\u2019s governance, management and business model.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Case Development Initiative (CDI) at Harvard Law School recently debuted a new case study on the HLS Case Studies website. CDI develops role plays and case studies based on strategic and organizational issues faced by legal organizations. These cases &hellip; <a href=\"https:\/\/archive.blogs.harvard.edu\/hlscasestudies\/2016\/03\/23\/new-product-the-allergan-board-under-fire-a-and-b\/\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":6207,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[1],"tags":[],"class_list":["post-1090","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p4CR8M-hA","jetpack-related-posts":[{"id":84,"url":"https:\/\/archive.blogs.harvard.edu\/hlscasestudies\/2013\/01\/14\/the-case-development-initiative-at-harvard-law-school\/","url_meta":{"origin":1090,"position":0},"title":"The Case Development Initiative at Harvard Law School","author":"Lisa Brem","date":"January 14, 2013","format":false,"excerpt":"The Case Development Initiative (CDI), including Ashish Nanda, Faculty Director and Robert Braucher Professor of Practice (pictured left), Dechert Fellow Nicholas Haas (right), and Program Coordinator Rachel Gibson (center), focuses on producing cases for use in a variety of business-oriented courses at HLS. \"We're currently working on a professional service\u2026","rel":"","context":"In &quot;Case Development Initiative Blog Posts&quot;","block_context":{"text":"Case Development Initiative Blog Posts","link":"https:\/\/archive.blogs.harvard.edu\/hlscasestudies\/category\/case-development-initiative-blog-posts\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/blogs.law.harvard.edu\/hlscasestudies\/files\/2012\/01\/CDI-group-500x375.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":603,"url":"https:\/\/archive.blogs.harvard.edu\/hlscasestudies\/2013\/09\/10\/new-beginnings-for-cdi-exec-ed-leadership\/","url_meta":{"origin":1090,"position":1},"title":"New Beginnings for CDI, Exec Ed Leadership","author":"Elizabeth Moroney","date":"September 10, 2013","format":false,"excerpt":"HLS Professor Ashish Nanda\u2014who founded the Case Development Initiative, a leading contributor to the Case Studies portal\u2014was recently appointed Director of his alma mater, the Indian Institute of Management\u2013Ahmedabad. Nanda held three appointments at Harvard Law School\u2014Robert Braucher Professor of Practice, Faculty Director of Executive Education, and Research Director at\u2026","rel":"","context":"In &quot;Case Development Initiative Blog Posts&quot;","block_context":{"text":"Case Development Initiative Blog Posts","link":"https:\/\/archive.blogs.harvard.edu\/hlscasestudies\/category\/case-development-initiative-blog-posts\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1047,"url":"https:\/\/archive.blogs.harvard.edu\/hlscasestudies\/2015\/12\/08\/reforming-partner-compensation-at-mattos-filho\/","url_meta":{"origin":1090,"position":2},"title":"Reforming Partner Compensation at Mattos Filho","author":"","date":"December 8, 2015","format":false,"excerpt":"The Case Development Initiative (CDI) at Harvard Law School recently debuted a new case study on the HLS Case Studies website. CDI is a program that develops role plays and case studies based on strategic and organizational issues faced by those in the law and other professional settings. These cases\u2026","rel":"","context":"Similar post","block_context":{"text":"Similar post","link":""},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1061,"url":"https:\/\/archive.blogs.harvard.edu\/hlscasestudies\/2016\/01\/12\/vieira-de-almeida-vda-legal-innovation-pioneers-in-portugal\/","url_meta":{"origin":1090,"position":3},"title":"Vieira de Almeida (VdA): Legal Innovation Pioneers in Portugal","author":"Amanda Reilly","date":"January 12, 2016","format":false,"excerpt":"The Case Development Initiative (CDI) at Harvard Law School debuted a new case study on the HLS Case Studies website. CDI is a program that develops role plays and case studies based on strategic and organizational issues that those in the law and other professional settings encounter. These cases focus\u2026","rel":"","context":"Similar post","block_context":{"text":"Similar post","link":""},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1080,"url":"https:\/\/archive.blogs.harvard.edu\/hlscasestudies\/2016\/03\/08\/amescard-creating-effective-legal-scenarios-for-experiential-learning\/","url_meta":{"origin":1090,"position":4},"title":"AmesCard: Creating Effective Legal Scenarios for Experiential Learning","author":"Alec Villalpando","date":"March 8, 2016","format":false,"excerpt":"The Case Development Initiative (CDI) at Harvard Law School recently debuted a new role play on the HLS Case Studies website. CDI develops role plays and case studies based on strategic and organizational issues faced by legal organizations. These cases focus on real life situations and are suitable for law\u2026","rel":"","context":"Similar post","block_context":{"text":"Similar post","link":""},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/blogs.harvard.edu\/hlscasestudies\/files\/2016\/03\/Coates-3-1024x683.jpg?resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/blogs.harvard.edu\/hlscasestudies\/files\/2016\/03\/Coates-3-1024x683.jpg?resize=350%2C200 1x, https:\/\/i0.wp.com\/blogs.harvard.edu\/hlscasestudies\/files\/2016\/03\/Coates-3-1024x683.jpg?resize=525%2C300 1.5x"},"classes":[]},{"id":1108,"url":"https:\/\/archive.blogs.harvard.edu\/hlscasestudies\/2016\/04\/12\/new-product-tiantong-partners-transforming-litigation-in-china\/","url_meta":{"origin":1090,"position":5},"title":"NEW PRODUCT: Tiantong &amp; Partners: Transforming Litigation in China","author":"nsoubani","date":"April 12, 2016","format":false,"excerpt":"photo by \u00a0yeowatzup post by Dr. Lisa Rohrer, Executive Director of the Case Development Initiative at Harvard Law\u00a0 School CDI is pleased to announce the publication of its first case on the Chinese legal market: Tiantong & Partners: Transforming Litigation in China, co-authored by Ashish Nanda, Director of the Indian\u2026","rel":"","context":"Similar post","block_context":{"text":"Similar post","link":""},"img":{"alt_text":"yeowatzup","src":"https:\/\/i0.wp.com\/blogs.harvard.edu\/hlscasestudies\/files\/2016\/04\/yeowatzup-1024x679.jpg?resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/blogs.harvard.edu\/hlscasestudies\/files\/2016\/04\/yeowatzup-1024x679.jpg?resize=350%2C200 1x, https:\/\/i0.wp.com\/blogs.harvard.edu\/hlscasestudies\/files\/2016\/04\/yeowatzup-1024x679.jpg?resize=525%2C300 1.5x"},"classes":[]}],"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/archive.blogs.harvard.edu\/hlscasestudies\/wp-json\/wp\/v2\/posts\/1090","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/archive.blogs.harvard.edu\/hlscasestudies\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/archive.blogs.harvard.edu\/hlscasestudies\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/archive.blogs.harvard.edu\/hlscasestudies\/wp-json\/wp\/v2\/users\/6207"}],"replies":[{"embeddable":true,"href":"https:\/\/archive.blogs.harvard.edu\/hlscasestudies\/wp-json\/wp\/v2\/comments?post=1090"}],"version-history":[{"count":3,"href":"https:\/\/archive.blogs.harvard.edu\/hlscasestudies\/wp-json\/wp\/v2\/posts\/1090\/revisions"}],"predecessor-version":[{"id":1093,"href":"https:\/\/archive.blogs.harvard.edu\/hlscasestudies\/wp-json\/wp\/v2\/posts\/1090\/revisions\/1093"}],"wp:attachment":[{"href":"https:\/\/archive.blogs.harvard.edu\/hlscasestudies\/wp-json\/wp\/v2\/media?parent=1090"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/archive.blogs.harvard.edu\/hlscasestudies\/wp-json\/wp\/v2\/categories?post=1090"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/archive.blogs.harvard.edu\/hlscasestudies\/wp-json\/wp\/v2\/tags?post=1090"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}