Travis Distaso

Davis Wright Tremaine LLP

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Delaware Enacts Sweeping Changes to the Delaware General Corporation Law

The Delaware Legislature passed, and Delaware Gov. Matt Meyer signed on March 25, 2025, the landmark Senate Bill 21. Senate Bill 21 amends the Delaware General Corporation Law (the "DGCL") in significant ways, with broad...more

4/3/2025  /  Acquisitions , Business Judgment Rule , Controlling Stockholders , Corporate Governance , Delaware , Delaware General Corporation Law , Mergers , New Legislation , Shareholder Litigation , Shareholders

January Surprise: Court Ruling on Post-Employment Restrictive Covenants in Delaware

Equity and capital forfeiture for competition provisions given less scrutiny than other post-employment restrictive covenants - Companies subject to Delaware law were handed a welcome surprise in a recent Delaware Supreme...more

2/9/2024  /  Competition , DE Supreme Court , Employer Liability Issues , Employment Contract , Employment Litigation , Forfeiture Statutes , Remand , Restrictive Covenants , Reversal
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