In a recent feature published by the Washington Legal Foundation, UCLA Professor Stephen Bainbridge casts a jaundiced eye toward Vice Chancellor J. Travis Laster's recent ruling in In re McDonald's Corp. Stockholder Deriv. Litig., C.A. No....
Is This The Case That Ate Delaware Corporate Law?
Posted on February 10, 2023
Delaware Now Authorizes Exculpation Of Officers, But On What Basis?
Posted on October 21, 2022
Effective August 1, 2022, Delaware amended Section 102(b)(7) of its General Corporation Law to allow a Delaware corporation to include in its certificate of incorporation a provision exculpating certain of its officers. Notably and unlike the...
Suing The CEO For Social Activism Is Likely To Be Challenging Under Nevada Law
Posted on August 23, 2017
Yesterday's post concerned asked the question whether shareholders can sue CEOs for social activism. The answer is of course, yes. The more interesting question is whether shareholders will win the suit. To answer that question, one must first...
