Ralph Waldo Emerson famously derided a foolish consistency, famously writing in his essay, Self-Reliance:
Would Glass Lewis Have Anything To Do If It Were Consistent?
Posted on December 07, 2017
Continuing Confusion About Shareholder Approval Requirements
Posted on April 17, 2017
I continue to read confused statements in proxy statements about the vote required for shareholder action. The default voting rule in Delaware is found in Section 216(2) of the Delaware General Corporation Law:
