speaking engagement
Corporate Law Partners Vincent Cannizzaro, Tyler O'Connell, and Barnaby Grzaslewicz will present a live webinar titled, “Delaware General Corporation Law Amendments 2024: Governance Rights, Transaction Approval, Lost Premium Damages” on November 6.
Hosted by Strafford, this webinar offers an in-depth look at amendments to the DGCL that took effect in August 2024 and apply retroactively. One amendment is the new Subsection 122(18) enacted in response to Moelis. The amendments also include new/redrafted provisions pertaining to procedural requirements in the merger approval process introduced by Activision Blizzard Inc. and clarifications and allowances of consequences for the early breach of merger agreements addressed in Crispo v. Musk decision.
As a complement to the Moelis discussion, the panelists will also discuss the Delaware Court of Chancery's In re Sears Hometown decision, which, for the first time, established the standard of review applicable to controlling stockholders' exercise of their right to sell and vote shares.
General counsel and companies should attend to gain an understanding of the scope and impact of the amendments to prepare for the impact on corporate governance and litigation. Attendees will also learn about the effect on stockholder agreements, transaction approval requirements, and lost premium damages provisions.
Listen as Vincent J. Cannizzaro III, Partner at Morris James, discusses the impactful 2024 amendments to the DGCL and best practices for counsel and corporations in light of the amendments.
