On March 3, a committee of the Delaware State Bar Association (DSBA) announced revisions to Senate Bill 21 (SB 21) aimed at paring back some of the proposed protections seen as too controller-friendly....more
3/6/2025
/ Board of Directors ,
Controlling Stockholders ,
Corporate Governance ,
DE Supreme Court ,
Delaware General Corporation Law ,
Majority Shareholders ,
Minority Shareholders ,
Proposed Amendments ,
Safe Harbors ,
Shareholders ,
State Bar Associations
Proposed amendments to the Delaware General Corporation Law (DGCL) introduce safe harbors for liability from transactions involving directors, officers and controlling stockholders and define and limit a stockholder’s right...more
2/21/2025
/ Books & Records ,
Controlling Stockholders ,
Corporate Governance ,
Delaware General Corporation Law ,
Directors ,
Fiduciary Duty ,
Liability ,
Minority Shareholders ,
Personal Liability ,
Proposed Amendments ,
Safe Harbors ,
Shareholders