Securities,
Civil Litigation,
Corporate
May 16, 2019
Delaware court's forum selection clause ruling has ripple effect in California
In a significant decision with major implications for California, the Delaware Chancery Court said that certificates of incorporation in Delaware-chartered companies cannot have forum selection provisions requiring shareholder actions under the Securities Act of 1933 to be filed in federal court.
Jared L. Kopel
Senior Counsel
Alto Litigation PC
Email: jared@altolit.com
Alto Litigation PC, a San Francisco litigation firm specializing in securities, intellectual property and commercial litigation. Mr. Kopel's practice includes shareholder litigation and the defense of Government investigations.
In a significant decision with major implications for California, the Delaware Chancery Court recently held that certificates of incorporation in Delaware-chartered companies cannot have forum selection provisions requiring shar...
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