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Shareholder Votes Proposed Amendments Delaware

Dechert LLP

Delaware Court of Chancery Rules No Supermajority for Nevada Reincorporation

Dechert LLP on

Court of Chancery rejects claim that certificate of incorporation of a Delaware corporation requires supermajority vote for conversion to a Nevada corporation. Court holds that certificate provision requiring...more

Troutman Pepper Locke

Contracting Around Extrinsic Evidence in Delaware

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In Texas Pacific Land Corp. v. Horizon Kinetics, LLC, et al., the Delaware Court of Chancery enforced a “no drafting history clause” that restricted the court’s ability to consider “the events of drafting or preparation” to...more

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