In the recent decision of Sarissa Capital Domestic Fund LP v. Innoviva, Inc., C.A. No. 2017-0309-JRS (Del. Ch. Dec. 8, 2017), a disputed oral settlement agreement was specifically enforced
Continue Reading Chancery Enforces Oral Agreement to Expand Board in Section 225 Action
8 Del. C. Section 225
Court of Chancery Resolves Dispute Over Board Composition of a Non-Stock Corporation
By Sheldon Rennie on
“Delaware has not provided a separate statute for non-stock corporations, but has instead dealt with such corporations within the ambit of the DGCL”.