On March 25, 2025, Delaware Governor Matt Meyer signed into law Senate Bill 21, amending Sections 144 and 220 of Title 8 of the Delaware General Corporation Law (DGCL). The legislation responds to recent concerns over...more
In its unanimous decision rendered on February 4, 2025, the Delaware Supreme Court reversed the Delaware Court of Chancery’s ruling in the widely followed “TripAdvisor” case (Palkon v. Maffei) regarding the standard of review...more
2/28/2025
/ Appeals ,
Board of Directors ,
Corporate Governance ,
Corporate Restructuring ,
DE Supreme Court ,
Delaware ,
Fiduciary Duty ,
Reversal ,
Shareholder Litigation ,
Shareholders ,
Standard of Review