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...
A quarter century ago, I wrote a brief piece criticizing how Delaware handled stockholder action by written consent:
Another difficulty with section 228 arises from its focus on the date of the "earliest dated consent delivered" to the corporation....
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