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Baker & Hostetler LLP | USA, Ireland | 29 Jul 2016

2016 Mid-Year Securities Litigation and Enforcement Highlights

Welcome to the 2016 Mid-Year Report From the BakerHostetler Securities Litigation and Regulatory Enforcement Practice Team. The purpose is to provide


Sheppard Mullin Richter & Hampton LLP | USA | 2 Sep 2008

Delaware Chancery Court denies advancement claim brought by former director where subsequent by-law amendment retroactively limited advancement rights of former directors

In Schoon v. Troy Corporation, 948 A.2d 1157 (Del. Ch. 2008), the Delaware Chancery Court held that a former director is not entitled to advancement rights where a later board-approved amendment to the corporation’s by-laws cut off such rights.

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