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National Law Review3d
Passage of Senate Bill 29 Positions Texas as a Leading State for Incorporations
On May 7, 2025, the Texas Legislature passed Senate Bill No. 29, which introduces a series of corporate reforms that aim to ...
Chancery Court Dismisses Challenge to a Del. Corporation’s Advance Notice Bylaws for Lack of Ripeness Following 'Kellner'
The bylaws, adopted in 2023 following the SEC’s universal proxy rule, imposed enhanced disclosure obligations on nominating ...
JD Supra5d
Is Delaware Forum Selection Bylaw Binding On Shareholder Who Filed Suit When The Corporation Was Incorporated In California?
In Drulias v. 1st Century Bancshares, Inc. 30 Cal. App. 5th 696 (2018), the plaintiff was a shareholder in a Delaware corporation whose board ...
Activist Campaigns Stymied by Board Nomination Bylaw Rulings
Activist investors gunning for board seats face an even steeper climb as the leading US business courts embrace a hands-off ...