On January 24, 2023, Skadden presented the fourth and final part of our 15th Annual Securities Litigation and Regulatory Enforcement Update series, “Developments and Trends in Delaware Law: A Review of 2022 and What to Expect...more
The recently published “The Friedman Essay and the True Purpose of the Business Corporation” defends a view of stakeholder governance that reflects the following two basic flaws...more
Recently a definition of corporate purpose has been proposed and elaborated on in a memorandum captioned “On the Purpose of the Corporation” (the Corporate Purpose Memo)....more
On December 19, 2018, the Delaware Court of Chancery held that forum selection provisions contained in the certificate of incorporation of Delaware corporations are invalid to the extent that they require any claim under the...more
12/22/2018
/ Certificates of Incorporation ,
Class Action ,
Concurrent Jurisdiction ,
Delaware General Corporation Law ,
Federal v State Law Application ,
Forum Selection ,
Investor Protection ,
Investors ,
Private Right of Action ,
Removal ,
SCOTUS ,
Securities Act of 1933 ,
Securities Litigation ,
Shareholder Rights ,
SLUSA ,
State Law Claims ,
Unenforceable Contract Terms