United States:
Early 2024 Delaware Corporate And M&A Law Update
09 May 2024
by
Nathan P. Emeritz
,
Justin E. Mann
,
Bryan T. Reed
,
Gregory S. Bombard
,
Kelly Dobbs Bunting
,
Justin K. Victor
,
Christopher T. Turek
,
Emily Ladd-Kravitz
,
Frank M. Placenti
,
Ejim Peter Achi
,
Doron Lipshitz
,
Pete J. Georgis
,
Gregory H. Cooper
and
Natasha L. Wilson
Greenberg Traurig, LLP
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Delaware courts have issued a barrage of important guidance in
early 2024, and the Corporation Law Section of the Delaware State
Bar Association has reacted by proposing related amendments to the
Delaware General Corporation Law. In particular, the Delaware
Supreme Court and Court of Chancery have issued decisions,
regarding controlling stockholders, compliance with foundational
statutory provisions, and private ordering, that relate to core
corporate, governance, and M&A issues. We discuss those
decisions and the proposed DGCL amendments in this GT Update and
expect that the market will continue grappling with their
implications for some time.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
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