On October 22, 2015, the Delaware Supreme Court affirmed the Delaware Court of Chancery’s ruling in the action Boris v. Schaheen, No. 121, 2015 (Del. Oct. 22, 2015). As
Continue Reading Supreme Court Affirms Chancery’s Section 204 and 205 Rulings
DGCL Section 204
New Section 204 of the DGCL Applied for First Time by Court of Chancery
By Fox Rothschild LLP on
In the recent decision of In re Trupanion, Inc., C.A. No. 9496-VCP (Del. Ch. Apr. 28, 2014), the Court of Chancery applied for the first time new section 204…
Continue Reading New Section 204 of the DGCL Applied for First Time by Court of Chancery
Sections 204 and 205 of the Delaware General Corporation Law Enacted
By Fox Rothschild LLP on
On April 1, 2014, new provisions of the Delaware General Corporation Law (the DGCL) went into effect, Sections 204 and 205 of the DGCL.
Section 204 of the DGCL provides…
Continue Reading Sections 204 and 205 of the Delaware General Corporation Law Enacted