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A&O Shearman

Delaware Court Of Chancery Grants Plaintiff Attorneys’ Fees Award Under Corporate Benefit Doctrine For Demand To SPAC Board...

A&O Shearman on

On December 27, 2022, Vice Chancellor Morgan T. Zurn of the Delaware Court of Chancery substantially granted plaintiff’s motion for summary judgment in an action seeking attorneys’ fees.  Garfield v. Boxed, Inc., No....more

Allen Matkins

What, If Anything, Is The Matter With This Statement?

Allen Matkins on

I came across a recent preliminary proxy filing that described the vote required for approval of a new equity compensation plan as "the affirmative vote of a majority of the shares of common stock present and voting on the...more

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