In Drulias v. 1st Century Bancshares, Inc., No. H045049, 2018 WL 6735137 (Cal. App. Dec. 21, 2018), the California Court of Appeal, Sixth Appellate District, affirmed an order staying a stockholder lawsuit brought in the...more
1/28/2019
/ Appeals ,
Board of Directors ,
Breach of Duty ,
Bylaws ,
Cal Code of Civil Procedure ,
Common Stock ,
Corporations Code ,
Enforcement ,
Fiduciary Duty ,
Foreign Corporations ,
Forum Non Conveniens ,
Forum Selection ,
Internal Affairs Doctrine ,
Jurisdiction ,
Mergers ,
Motion To Stay ,
Putative Class Actions ,
Retroactive Application ,
Securities Litigation ,
Statutory Rights
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