Delaware’s Recalibration Didn’t Happen in a Vacuum
Directors & Boards
Corporate partner Doug Raymond and associate Jennifer Lucas authored an article for Directors & Boards titled, “Delaware’s Recalibration Didn’t Happen in a Vacuum.” The article discusses the recent amendments to the Delaware General Corporation Law (DGCL) that expand protections for directors and officers, give corporations more control over stockholder demands and codify clearer safe harbors for conflicted transactions.
Raymond notes that the amendments are part of a pattern of Delaware’s legislature stepping in to recalibrate the state's corporate governance framework when high-profile companies and powerful insiders signal discomfort with where the courts are going.
The full article is available to Directors & Boards subscribers.
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