26Jun
Delaware Corporate Law Amendments Address Emergency Powers, Public Benefit Corporations and Other Matters
On June 23, 2020, the Delaware General Assembly adopted amendments to the Delaware General Corporation Law (DGCL) proposed by the Delaware State Bar Association, including provisions confirming certain powers that a board of directors may exercise during emergency conditions, and eliminating supermajority voting requirements and appraisal rights in connection with converting to, or merging with,…...
By:
Skadden, Arps, Slate, Meagher & Flom LLP
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