What Exactly Are Advance Notice Bylaws?
Delaware General Corporation Law (DGCL) Section 211(d) provides the statutory framework for advance notice bylaws. Advance notice bylaws are an optional set of bylaw provisions...more
At a Glance -
This guide outlines some of the basics about preparing for and conducting an annual stockholder meeting of a Delaware corporation....more
Icahn Partners, LP, et al. v. Francis deSouza, et al. and Illumina, Inc., C.A. No. 2023-1045-PAF, order (Del. Ch. Feb. 19, 2024) -
Under Delaware law, corporate directors, who bear responsibility for managing the company...more
What duties apply to directors?
In managing and controlling a company’s business and affairs, directors and officers of a Delaware corporation owe the simultaneous fiduciary obligations of acting with due care and loyalty...more