Jody Barillare

Morgan Lewis

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Just Passed: Senate Bill Significantly Amends Delaware General Corporation Law

On March 25, 2025, Senate Bill 21, which significantly amends the Delaware General Corporation Law (DGCL), passed the Delaware General Assembly and was signed into law by Governor Matt Meyer....more

3/27/2025 / Board of Directors , Books & Records , Controlling Stockholders , Corporate Governance , Delaware General Corporation Law , Disclosure Requirements , Safe Harbors , Shareholder Litigation

Amendments to DGCL Proposed After Chancery Decisions on M&A Practice and Stockholder Agreements on Corporate Governance Rights

The Council of the Corporation Law Section of the Delaware State Bar Association has proposed amendments to the Delaware General Corporation Law that, if enacted by the General Assembly, will address issues raised in three...more

4/25/2024 / Board of Directors , Delaware General Corporation Law , Fiduciary Duty , Mergers , Shareholders , Stockholder Agreements

After Boxed, Delaware Poised to Revise Section 242’s Charter Amendment Process for Multi-Share Class Companies

Delaware legislature is considering proposed amendments to Section 242 of the Delaware General Corporation Law that would help address the challenges dual-share class companies have been facing in the wake of Garfield v....more

5/10/2023 / Board of Directors , Common Stock , Corporate Governance , Delaware General Corporation Law , Proposed Amendments , Shareholder Litigation , Special Purpose Acquisition Companies (SPACs)

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