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Summaries and analysis of recent Delaware court decisions concerning business-related litigation.
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Court Of Chancery Construes Ambiguous Voting Agreement
Posted In Stockholders' Meetings
In re Westech Capital Corp., C.A. 8845-VCN (May 29, 2014)
This is an example of what happens when a stockholders agreement is badly drafted and the Court has to try to construe what it means. The opinion is interesting for the Court's method of analysis, using drafting history, presumptions found in corporate law and other interpretive aids.
Tags: Stockholders' Meetings
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