Emily Yukich

Emily Yukich

Fox Rothschild LLP

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No More Board Games: Delaware Court Strikes Down Provisions in Stockholder Agreement That Restrict Board’s Statutory Authority

The Delaware Court of Chancery is striking back against “new wave” stockholder agreements, which feature stockholder preapproval rights and board restrictions, rather than covenants among stockholders regarding traditional...more

3/15/2024  /  Board of Directors , Delaware General Corporation Law , Pre-approval , Shareholder Litigation , Statutory Authority , Stockholder Agreements
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