This article was written prior to the tragic death of Tommy Taylor in a snowmobiling accident, February 19, 2006
A NINE-POINT memo sent to clients by law firm Wachtell, Lipton, Rosen & Kate reads like an excerpt from a terrorism survival guide. “[Companies must] ensure that [their] investment bankers, lawyers and public relations consultants are at the ready with state-of-the-art programs for responding to a potential attack,” advises point number five. “[Companies must not] allow the attackers to achieve the moral high ground... [but] Expose the attackers for what they are...”, instructs point number eight. “Above all, do not be caught off-guard and do not remain passive.”
The “attackers” to whom Wachtell, Lipton, Rosen & Kate dramatically refer are not terrorists, however, but hedge fund managers. Sent at the end of last year, the law firm’s instructions [published...
