Robert Schreck and John Tamisiea were both quoted in a September 11 Law360 story about the implications of a possible upturn in hostile takeover activity as the economy improves. Mr. Tamisiea recommended that board members be fully up to date on activities in their company’s industry and by competitors, in order to better assess a potential takeover threat. “You really need to know the risk profile of a company in order to know how to respond” to a hostile offer, he asserted. There are certain steps that companies can consider to protect against a hostile bid, such as instituting a shareholder rights plan, but Mr. Schreck warned that a sudden adoption can spotlight an impending threat. “It looks bad if you do it when storm clouds are on the horizon,” he observed.