13Aug
Fee-Shifting Provision in Stockholders Agreement Does Not Violate Delaware Law
Manti Holdings, LLC, et al. v. Authentix Acquisition Company, Inc. considered whether a “loser pays” fee-shifting provision in a stockholders’ agreement violated Delaware law. In 2008, the Petitioners had all held stock in a prior entity, Authentix, Inc....
By:
Stinson - Corporate & Securities Law Blog
Source Url: https://www.jdsupra.com/legalnews/fee-shifting-provision-in-stockholders-10811/
Related
Don't take "don't guess" too literally. One bit of very standard advice that all attorneys give to ...
Read More >
When setting up a 401(k) plan document as a plan sponsor, you have a lot of choices in plan provisio...
Read More >
For those interested in availability payment (AP) or service payment structures for public-private p...
Read More >
Texas surety law contains obscure procedural rules that can have outsized consequences. Chapter 43 o...
Read More >
When an employee requests an accommodation or asserts a claim under the Americans with Disabilities ...
Read More >
With virtual connectivity on the rise, the tech industry has seen an increase in dual- and tri-track...
Read More >