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Delaware Court of Chancery Rules No Supermajority for Nevada Reincorporation

Court of Chancery rejects claim that certificate of incorporation of a Delaware corporation requires supermajority vote for conversion to a Nevada corporation. Court holds that certificate provision requiring...more

Delaware Supreme Court Confirms that Buyer and Sellers Can Allocate the Risk of Non-Intentional Fraud

In Express Scripts, Inc., et al. v. Bracket Holdings Corp., the Delaware Supreme Court, sitting en banc, reversed and remanded the decision of the Delaware Superior Court, holding unanimously that (i) although common law...more

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