Melissa Mikail

Melissa Mikail

Sheppard Mullin Richter & Hampton LLP

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Delaware Supreme Court Confirms That Federal Forum Provision Is Facially Valid, Reversing Court of Chancery

In Sciabacucchi v. Salzberg, No. 346, 2019, 2020 WL 1280785 (Del. Mar. 18, 2020), the Delaware Supreme Court reversed a Delaware Court of Chancery (Laster, V.C.) decision declaring invalid a federal forum selection provision...more

3/23/2020  /  Bylaws , Charter , Delaware General Corporation Law , Forum Selection , Investors , Jurisdiction , Securities Act of 1933 , Securities Litigation

Delaware Court of Chancery Declares Ineffective Exclusive Federal Forum Provision for 1933 Act Claims

In Sciabacucchi v. Salzberg, C.A. No. 2017-0931-JTL, 2018 WL 6719718 (Del. Ch. Dec. 19, 2018), the Delaware Court of Chancery (Laster, V.C.) held that a forum-selection provision in a Delaware corporation’s charter or bylaws...more

1/15/2019  /  Bylaws , Certificates of Incorporation , Delaware General Corporation Law , Forum Non Conveniens , Forum Selection , Initial Public Offering (IPO) , Investors , Publicly-Traded Companies , Securities Act of 1933 , Securities Litigation
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