Jonathan Dolgin

Fox Rothschild LLP

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Latest Posts › Delaware General Corporation Law

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Closure on Moelis: Delaware Takes Action

The Delaware House of Representatives recently passed Senate Bill 313 (SB 313), overcoming the final major obstacle to essentially overturn the ruling in West Palm Beach Firefighters’ Pension Fund v. Moelis & Co.1 The Moelis...more

6/27/2024 / Board of Directors , Corporate Governance , Delaware General Corporation Law , Governor Carney , Stockholder Agreements

Back to the Drawing Board: Delaware Bar Proposes Legislation Limiting Effects of Moelis Ruling on Stockholders Agreements

In a lightning-fast response to the recent ruling in West Palm Beach Firefighters’ Pension Fund v. Moelis & Co., the Delaware State Bar Association’s Council of the Corporate Law Section has proposed an amendment to the...more

4/17/2024 / Amended Legislation , Board of Directors , Corporate Governance , Delaware , Delaware General Corporation Law , General-Business , State Bar Associations , Stockholder Agreements

No More Board Games: Delaware Court Strikes Down Provisions in Stockholder Agreement That Restrict Board’s Statutory Authority

The Delaware Court of Chancery is striking back against “new wave” stockholder agreements, which feature stockholder preapproval rights and board restrictions, rather than covenants among stockholders regarding traditional...more

3/15/2024 / Board of Directors , Delaware General Corporation Law , Pre-approval , Shareholder Litigation , Statutory Authority , Stockholder Agreements

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