Soumya Sharma

Soumya Sharma

A&O Shearman

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Delaware Court of Chancery Invalidates “New Wave” Stockholder Agreement Constraining Board Authority

This enduring cornerstone of Delaware corporate law is rooted in Section 141(a) of the Delaware General Corporate Law (“DGCL”): “The business and affairs of every corporation […] shall be managed by or under the direction of...more

3/5/2024  /  Acquisitions , Board of Directors , Capital Markets , Corporate Governance , Mergers , Publicly-Traded Companies , Shareholders , Shareholders' Agreements
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