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Threshold Requirements Delaware General Corporation Law

Dechert LLP

Proposed Amendments to DGCL Include Amendment to Required Vote Threshold for Certain Charter Amendments

Dechert LLP on

On May 16, 2023, the Delaware State Senate passed a bill proposing several amendments (the "2023 Amendments") to the General Corporation Law of the State of Delaware (the “DGCL”), including an amendment to Section 242 that...more

Farrell Fritz, P.C.

The Demanding Demand Requirement in Shareholder Derivative Actions

Farrell Fritz, P.C. on

Business divorce cases more often than not include claims against the controlling owners for diversion or waste of company assets,  usurpation of corporate opportunity, taking excessive compensation and the like. The party...more

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