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8 May 2023, 10:00 pm
Delaware legislature is considering proposed amendments to Section 242 of the Delaware General Corporation Law that would help address the challenges dual-share class companies have been facing in the wake of Garfield v. [read post]
8 May 2023, 10:00 pm
Delaware legislature is considering proposed amendments to Section 242 of the Delaware General Corporation Law that would help address the challenges dual-share class companies have been facing in the wake of Garfield v. [read post]
8 May 2023, 10:00 pm
Delaware legislature is considering proposed amendments to Section 242 of the Delaware General Corporation Law that would help address the challenges dual-share class companies have been facing in the wake of Garfield v. [read post]
8 May 2023, 10:00 pm
Delaware legislature is considering proposed amendments to Section 242 of the Delaware General Corporation Law that would help address the challenges dual-share class companies have been facing in the wake of Garfield v. [read post]
30 Mar 2023, 3:30 am by John Jenkins
The decision provides some certainty to multi-class companies that are seeking to adopt these amendments and avoids opening the kind of can of worms with respect to prior charter amendments that many SPACs have had to deal with as a result of Vice Chancellor Zurn’s decision in Garfield v. [read post]
27 Feb 2023, 3:00 am by John Jenkins
A couple of weeks ago, I blogged about how Vice Chancellor Will’s decision in Garfield v. [read post]
15 Feb 2023, 9:00 pm by John Jenkins
Last month, I blogged about the Chancery Court’s decision in Garfield v. [read post]
24 Jan 2023, 3:00 am by John Jenkins
A motion for attorneys’ fees may seem like an odd place to address the provisions of Section 242 of the DGCL that require separate class votes to approve certain matters submitted to stockholders of a Delaware corporation, but Vice Chancellor Zurn’s opinion in Garfield v. [read post]