Fiduciary Duties
2 articles tagged with "Fiduciary Duties".
The Death of Revlon for PBCs: Delaware Chancery Blesses the Ultimate Anti-Takeover Shield
The Sacred Cow of Delaware M&A Just Got Slaughtered For nearly forty years, the fundamental commandment of Delaware corporate law during a change of control has been absolute: when a company is up for sale, the board of directors must abandon all oth...
Delaware’s Counter-Revolution: The Supreme Court Resurrects Founder Control and Validates SB 21
The End of the Chancery Rebellion For corporate practitioners, the message from Dover this year is unambiguous: the Delaware Supreme Court is aggressively course-correcting the Court of Chancery’s recent hostility toward corporate controllers and bes...
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