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Battle Lines Drawn As Major Del. Corporate Law Tweak Looms

On Tuesday morning, seven Delaware state senators are set to open the first public round of debates on a fast-tracked Delaware General Corporation Law amendment package that would allow boards to cede some governance rights to big stockholders and Delaware Court oversight for some corporate actions to other jurisdictions.

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Proposed Amendments to the DGCL Address Issues Raised by Recent Delaware Court Decisions | Cadwalader, Wickersham & Taft LLP

Proposed Amendments to the DGCL Address Issues Raised by Recent Delaware Court Decisions | Cadwalader, Wickersham & Taft LLP
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Delaware Supreme Court holds separate class vote not required for officer exculpation amendment | Hogan Lovells

In re Fox Corporation/Snap Inc. Section 242 Litigation, the Delaware Supreme Court ruled that corporations do not need to seek votes from each separate stockholder class to approve.

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