The Corporations Committee recently issued an analysis of an opinion relating to shareholder consent under the Delaware General Corporation Law: The Delaware Court of Chancery found that a stockholder consent signed without the stockholder having been provided the exhibits referred to in the consent made the consent invalid under the Delaware General Corporation Law (“DGCL”). This case could be of interest to California practitioners because the section of the DGCL in question is functionally identical to the corresponding section of… Read more
As we embark on this new year, I would like to share our Business Law Section’s long range strategy plan—which our BLS Executive Committee recently updated to more fully reflect our Section’s values and goals. Read more