Court Examines Disclosure Duties in Consent Solicitaion Removing Directors
By EsqSocial Corporation 27/08/15
In Kerbawy v. McDonnell, the Delaware Court of Chancery affirmed the validity of a solicitation of written consents that removed certain directors and appointed new directors. A key theme of the opinion is that stockholders are free to act...
By: Stinson Leonard Street - Dodd-Frank and the