Recent amendments to Delaware’s general corporation law gives boards greater flexibility in approving mergers and permit stockholder agreements restricting corporate governance, among other changes.
Read MoreWilson Sonsini Goodrich & Rosati released an alert around the amendments to the Delaware General Corporate Law, which will have significant impacts for both private and public companies and should mitigate many questions about market practice raised in the recent Delaware Court of Chancery rulings.
Read MoreOn March 15, 2023, Chancellor Kathaleen St. J. McCormick of the Delaware Court of Chancery issued a rare post-trial decision finding a CEO personally liable for millions of dollars in damages for breaching his fiduciary duties by tilting his company’s sale process in favor of his preferred acquiror and failing to disclose material facts about the sale process.
Read MoreWSGR’s 2022 Delaware Corporate Law and Litigation Year in Review discusses the most notable cases, issues, and trends for practitioners, corporations, boards, and investors, including as to controlling stockholder litigation, multiclass capital structures, director compensation, directors’ oversight obligations, stockholder activism, the Twitter battle, stockholders’ ability to obtain directors’ and officers’ emails, and the 2022 DGCL amendments.
Read MoreA recent alert by Wilson Sonsini reviews the Delaware Court of Chancery determination about duty of oversight applying to officers.
Read MoreSVDX welcomes its newest sponsor, Young Conaway.
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