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Board of Directors Board Resolutions

Allen Matkins

Must A Board Of Directors Authorize The Filing Of A Lawsuit On The Corporation's Behalf?

Allen Matkins on

California Corporations Code Section 300(a) declares that "the business and affairs of the corporation shall be managed and all corporate powers shall be exercised by or under the direction of the board." Does this mean that...more

Morris James LLP

Court Of Chancery Explains New Statutory Authority To Correct Corporate Mistakes

Morris James LLP on

This is an important decision because it explains the effect of the new Sections 204-205 to the DGCL. Those provisions permit the correction of corporate actions that failed to comply with the requirements of the DGCL, such...more

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