The Delaware Court of Chancery has jurisdiction to determine whether an election of a director of a Delaware corporation is proper, and frequently adjudicates disputed elections pursuant to Section 225
Continue Reading Section 225: New Election Ordered as Remedy for Improper Shareholder Meetings
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Court Dismisses Claim Seeking Removal of Director Based Upon Inherent Equitable Powers of Court
By Sheldon Rennie on
In the case of Shocking Technologies v. Michael, C.A. No. 7164-VCN (Del. Ch. Apr. 10, 2012), the Delaware Court of Chancery examined whether it has the inherent authority…