Post-Moelis Del. Corp. Law Proposal Would Hurt Stockholders
Post-Moelis Del. Corp. Law Proposal Would Hurt Stockholders <https://www.law360.com/capitalmarkets/articles/1824746?nl_pk=abe82add-2a33-4388-8f7e-63d76e8f5534&utm_source=newsletter&utm_medium=email&utm_campaign=capitalmarkets&utm_content=2024-04-15&read_main=1&nlsidx=0&nlaidx=11> The proposed Delaware General Corporation Law amendment in response to the Court of Chancery's recent opinion in West Palm Beach Firefighters' Pension Fund v. Moelis would upend the foundational principle of corporate law holding that directors govern corporations in the interest of stockholders — and the potential harm would be substantial, say attorneys at Block & Leviton. Decision attached | Read full article » <https://www.law360.com/capitalmarkets/articles/1824746?nl_pk=abe82add-2a33-4388-8f7e-63d76e8f5534&utm_source=newsletter&utm_medium=email&utm_campaign=capitalmarkets&utm_content=2024-04-15&read_more=1&nlsidx=0&nlaidx=11> | Save to favorites » <https://www.law360.com/capitalmarkets/articles/1824746?nl_pk=abe82add-2a33-4388-8f7e-63d76e8f5534&utm_source=newsletter&utm_medium=email&utm_campaign=capitalmarkets&utm_content=2024-04-15&read_later=1&nlsidx=0&nlaidx=11>
participants (1)
-
Gunnar Larson