Delaware Amendments Provide Clarity on Conflicted Transactions and Books and Records Requests
By EsqSocial Corporation 10/04/25
Delaware amended the Delaware General Corporation Law (the “DGCL”) to create safe harbors for transactions involving directors, officers and controlling stockholders and to limit both the documents subject to and the purposes of books and records requests. The amendments became effective upon signing on March 25, 2025, and apply retroactively, although they do not affect any completed or pending actions or court proceedings and they do not apply to any demand to inspect books and records made on...
By: Vinson & Elkins LLP