Cooley LLP | USA | 8 Jun 2023
On June 1, 2023, the US Court of Appeals for the Ninth Circuit held in a split en banc decision that forum-selection clauses requiring shareholders…
Duane Morris LLP | USA | 11 Apr 2023
In August 2022, a number of amendments to the provisions of the Delaware General Corporation Law (DGCL) went into effect. One amendment of note is…
Troutman Pepper | USA | 16 Feb 2023
It is well known that the Delaware General Corporation Law (DGCL) provides that a majority of the voting power of all stockholders entitled to vote is…
Ropes & Gray LLP | USA | 6 Feb 2023
Corporate purpose has been gaining attention in recent years, with increased focus from investors as well as other constituencies, including…
Mayer Brown | USA | 19 Jan 2023
The amendments to Section 102(b)(7) of the Delaware General Corporation Law (“DGCL”) went into effect on August 1, 2022. As a result, corporations…
Sidley Austin LLP | USA | 18 Nov 2022
A case presently before the Delaware Court of Chancery challenging a corporation’s advance notice bylaw amendments, initiated by activist investor…
Jones Day | USA | 16 Aug 2022
Until now, Delaware corporations could eliminate or limit monetary liability for breaches of the duty of care only by directors—but not officers. The…
Covington & Burling LLP | USA | 11 Aug 2022
On August 1, 2022, amendments to the Delaware General Corporation Law ("DGCL") took effect that permit corporations to eliminate or limit the…
Skadden Arps Slate Meagher & Flom LLP | USA | 24 May 2022
Earlier this year the United States Courts of Appeals for the Seventh and Ninth Circuits each addressed the question of whether an exclusive forum…
Kurtin PLLC | USA | 16 May 2022
This is the third of a series of periodically issued advisories on Mergers & Acquisitions (M&A) that we started in April 2022. Its predecessors in…