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Proposed Amendments to Delaware General Corporation Law Aim to Clarify Corporate Transaction Rules

If enacted, the amendments would significantly impact the risk-benefit considerations for public and private companies contemplating reincorporation or going public in a different jurisdiction. ...more

California Court Adopts the Caremark Standard for Oversight Claims

The decision articulates the standard for plaintiffs asserting derivative claims based on an alleged failure of oversight by directors and officers of California companies. Nearly three decades ago in the seminal case In...more

Delaware Supreme Court Confirms Validity of Federal Forum Selection Bylaws for Securities Act Claims

The decision is a positive development for Delaware corporations seeking to reduce duplicative state court litigation arising from public securities offerings. On March 18, 2020, the Delaware Supreme Court issued its...more

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