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Written Consent › Controlling Stockholders

Stinson - Corporate & Securities Law Blog

Court Examines Disclosure Duties in Consent Solicitaion Removing Directors

Stinson - Corporate & Securities Law Blog on

In Kerbawy v. McDonnell, the Delaware Court of Chancery affirmed the validity of a solicitation of written consents that removed certain directors and appointed new directors. A key theme of the opinion is that stockholders...more

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