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Summaries and analysis of recent Delaware court decisions concerning business-related litigation.
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- Chancery Finds Plaintiff Failed To State A Non-Exculpated Claim Against Special Committee Defendants In Complaint Challenging A Merger
- Chancery Finds Stockholder Conferred a Substantial Corporate Benefit by Challenging the Joint Vote of Two Classes of Common Stock under Section 242(b)(2) of the DGCL
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Court Of Chancery Explains Consent Vote Rules
Posted In Stockholders' Meetings
Flaa v Montano, C.A. 8632-VCG (October 4, 2013)
When can you challenge the right to consent to corporate action? This decision explains the rules that govern such challenges, particularly when it is claimed that the consent is valid on its face.
Tags: Stockholders' Meetings
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