Tyler Burns

Ballard Spahr LLP

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Delaware Chancery Court Rejects Corporate Charter Provision Purporting To Alter Judicial Review Standard

Delaware’s Chancery Court recently invalidated a charter provision that purported to make certain Board decisions “conclusive and binding,” finding the Delaware General Corporation Law (DGCL) does not permit corporations to...more

6/20/2022  /  Board of Directors , Delaware General Corporation Law , Fiduciary Duty , Shareholders
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