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Paul Hastings Advises Aerojet Rocketdyne’s Independent Director Slate Led by CEO Eileen Drake in Successful Takeover Defense

June 30, 2022

New York – Paul Hastings LLP, a leading global law firm, announced today that the firm advised Aerojet Rocketdyne’s independent director slate led by CEO Eileen Drake in its successful defense against a Board takeover attempt by the company’s executive chairman. Aerojet Rocketdyne is a world-recognized aerospace and defense leader that provides propulsion systems and energetics to the space, missile defense and strategic systems, and tactical systems areas.

The new Board consists of CEO Eileen Drake; incumbent independent directors Gen. Kevin Chilton (Ret.), Thomas Corcoran and Gen. Lance Lord (Ret.); and new independent directors Gail Baker, Marion Blakey, Maj. Gen. Charles Bolden (Ret.), and Deborah James.

New York partner Eduardo Gallardo led the Paul Hastings team, which also included associates Elena Burns and Anna Hardcastle.

About Paul Hastings

Dedicated to providing intellectual capital and superior execution to the world’s leading Wall Street and global investment banks, asset managers and corporations, Paul Hastings is a premier global finance law firm with elite teams in finance, mergers and acquisitions, private equity and litigation. It is one of only a handful of law firms ranked across multiple core finance areas including: structured credit, leveraged finance, private credit, capital markets, and real estate finance.

Paul Hastings is ranked as one of the top firms in the world in The American Lawyer’s “Premier League” for momentum, profit and prestige amongst firms in the 2022 American Lawyer 100.

 

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