The 2021 amendments to the Delaware General Corporation Law (the DGCL), the Delaware Revised Uniform Partnership Act (the DRUPA), the Delaware Revised Uniform Limited Partnership Act (the DRULPA), and the Delaware Limited...more
Pennsylvania’s new Entity Transactions Law is expected to streamline the process of effecting certain fundamental changes or change of control transactions. Effective July 1, 2015, companies doing, or wishing to conduct,...more
Prohibition on Fee-Shifting Provisions -
The legislation signed into law last week responds to the Delaware Supreme Court’s decision in ATP Tour, Inc. v. Deutscher Tennis Bund, 91 A.3d 554 (Del. 2014) in which the Court...more
7/7/2015
/ Attorney's Fees ,
Breach of Duty ,
Bylaws ,
Controlling Stockholders ,
Corporate Charters ,
Corporate Governance ,
DE Supreme Court ,
Fee-Shifting ,
Fiduciary Duty ,
Forum Selection ,
New Legislation ,
Privately Held Corporations ,
Shareholder Litigation ,
Stock Corporations
Effective April 1, 2014, the Delaware General Corporation Law (“DGCL”) has been amended to include new Sections 204 and 205 that will provide Delaware corporations with an avenue to cure certain defective corporate acts,...more