Corporate and M&A

Delaware Chancery Court Refuses to Enforce Advance Notice By-law

Contact: Herrick, Feinstein LLP (New York City, New York, USA)

The Delaware Court of Chancery issued an opinion upholding stockholder voting rights. The court granted a motion to expedite a claim by an activist stockholder that the target company's board of directors breached

its fiduciary duties by not waiving an advance notice provision for director nominations contained... : : Click Here to Read More

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