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    Is Someone Else's Purpose An Improper Purpose?

    This post on the Harvard Law School Forum on Corporate Governance and Financial Regulation discusses Vice Chancellor J. Travis Laster's recent decision in Wilkinson v. A. Schulman, Inc., 2017 Del. Ch. LEXIS 798.  The case involved a stockholder's...

    Delaware General Corporation Law, Nevada Corporations, stockholder inspection, J. Travis Laster, NRS 78.257, Section 220, Wilkinson v. Schulman

    A Shareholder Consent In Its Dotage May Or May Not Be Valid

    California Corporations Code Section 603(a) broadly authorizes shareholder action by written consent:

    Delaware General Corporation Law, record date, section 228, Corporate Governance, Action by written consent, Corporations Code, Section 603, Section 701

    How The Proposed Fix To Delaware's Stockholder Consent Statute Can Be Fixed

    Earlier this week, I wrote about a proposed amendment to Section 228 of the Delaware General Corporation Law.  The amendment, which is proposed by The Corporate Council of the Corporation Law Section of the Delaware State Bar, would essentially...

    Delaware General Corporation Law, record date, Section 213, section 228, Corporate Governance, dgcl, earliest dated consent, stockholder, written consent