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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/

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