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Parker Poe Adams & Bernstein LLP

Fee-Shifting Bylaws–Novel Protection from Stockholder Litigation

Parker Poe Adams & Bernstein LLP on

Here’s one to keep an eye on. Just last week, the Delaware Supreme Court (ATP Tour, Inc. v. Deutscher Tennis Bund) held that fee-shifting provisions in a corporation’s bylaws are facially valid and enforceable against...more

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