Tori Kutzner

Tori Kutzner

Sheppard Mullin Richter & Hampton LLP

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Delaware Supreme Court Holds Business Judgment Governs Decision to Reincorporate Outside of Delaware For Purpose of Reducing...

In Maffei v. Palkon, No. 125, 2024, 2025 Del. LEXIS 51 (Del. Feb. 4, 2025) (Valihura, J.), the Delaware Supreme Court held that a corporation’s decision to reincorporate in another state purportedly to reduce exposure to...more

2/13/2025  /  Business Entities , Business Judgment Rule , Business Litigation , Corporate Governance , Corporate Restructuring , Delaware , Fiduciary Duty , Incorporation , Minority Shareholders , Shareholders
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