Post-Moelis Del. Corp. Law Proposal Would Hurt Stockholders

[Gunnar Larson]

Post-Moelis Del. Corp. Law Proposal Would Hurt Stockholders
<https://www.law360.com/capitalmarkets/articles/1824746?nl_pk=abe82add-2a33-4388-8f7e-63d76e8f5534&utm_source=newsletter&utm_medium=email&utm_campaign=capitalmarkets&utm_content=2024-04-15&read_main=1&nlsidx=0&nlaidx=11>

The proposed Delaware General Corporation Law amendment in response to the
Court of Chancery's recent opinion in West Palm Beach Firefighters' Pension
Fund v. Moelis would upend the foundational principle of corporate law
holding that directors govern corporations in the interest of stockholders
— and the potential harm would be substantial, say attorneys at Block &
Leviton.

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<https://www.law360.com/capitalmarkets/articles/1824746?nl_pk=abe82add-2a33-4388-8f7e-63d76e8f5534&utm_source=newsletter&utm_medium=email&utm_campaign=capitalmarkets&utm_content=2024-04-15&read_more=1&nlsidx=0&nlaidx=11>
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