Potter Anderson Advises CKE Restaurants, Inc. in Sale to Apollo Global Management

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Firm News

Potter Anderson & Corroon partner, Mark A. Morton, is advising the Board of Directors of CKE Restaurants, Inc., in connection with its acquisition by an affiliate of Apollo Global Management.  The CKE transaction is valued at approximately $1.0 billion and is expected close by the end of the second quarter of CKE's FY2011.

Mr. Morton, a partner in the firm’s Corporate Group, is frequently engaged by corporations and boards of directors to provide advice on statutory and fiduciary duty issues raised in the M&A context.  He serves as Vice Chair of the Mergers & Acquisitions Committee of the ABA’s Business Law Section.

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Potter Anderson & Corroon LLP is one of the largest and most highly regarded Delaware law firms, providing legal services to regional, national, and international clients. With more than 90 attorneys, the firm’s practice is centered on corporate law, corporate litigation, intellectual property, commercial litigation, bankruptcy, labor and employment, and real estate.

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