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Charter Bylaws

A&O Shearman

Delaware Court Of Chancery Validates SPAC Charter Amendment Called Into Question By A Recent Decision

A&O Shearman on

On February 21, 2023, Vice Chancellor Lori W. Will of the Delaware Court of Chancery granted the petition of Lordstown Motors Corporation (the “Company”) under Section 205 of the Delaware General Corporation Law (“DGCL”) to...more

A&O Shearman

Delaware Court Of Chancery Grants Plaintiff Attorneys’ Fees Award Under Corporate Benefit Doctrine For Demand To SPAC Board...

A&O Shearman on

On December 27, 2022, Vice Chancellor Morgan T. Zurn of the Delaware Court of Chancery substantially granted plaintiff’s motion for summary judgment in an action seeking attorneys’ fees.  Garfield v. Boxed, Inc., No....more

Sheppard Mullin Richter & Hampton LLP

Delaware Supreme Court Confirms That Federal Forum Provision Is Facially Valid, Reversing Court of Chancery

In Sciabacucchi v. Salzberg, No. 346, 2019, 2020 WL 1280785 (Del. Mar. 18, 2020), the Delaware Supreme Court reversed a Delaware Court of Chancery (Laster, V.C.) decision declaring invalid a federal forum selection provision...more

Morris James LLP

Court Of Chancery Explains Section 115

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Bonanno v. VTB Holdings Inc., C.A. 10681-VCN (February 8, 2016) - Section 115 of the Delaware General Corporation Law addresses forum selection provisions in corporate charters or bylaws....more

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