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Sep. 29, 2016

Which way is the wind blowing in Delaware?

Despite the reputation of Delaware as a company-friendly state, four significant recent decisions by Delaware courts cut both ways. By Jack Capers

Jack Capers

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By Jack Capers

Which way are the winds of corporate governance blowing in Delaware? In favor of Delaware companies and their boards and management? Or in favor of plaintiffs' counsel and unhappy stockholders? Delaware is generally known as a company-friendly state for U.S. public companies and is the preferred place of incorporation for many public companies. Delaware also is the home of most important litigation concerning governance and stockhol...

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