X
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

EEOC Convenes Public Hearing on the Proposed Revision of the Employer Information Report (EEO-1)

WASHINGTON -- The U.S. Equal Employment Opportunity Commission (EEOC) will hold a public hearing on ...

Read More >

Emergency Public Contracting Procedures, Part 2: State of Florida

As we explained in our previous installment of this series, the impact of Covid-19 continues to crea...

Read More >

NDA and Confidentiality Provisions in Severance and Other Agreements – What Should Employers be Doing Now?

The debate continues in the United Kingdom as to how non-disclosure and confidentiality agreements s...

Read More >

OFCCP Disclaims Jurisdiction Over Participants in the Defense Department’s SkillBridge Job Training Program

On November 8, 2019, OFCCP released another opinion letter clarifying the extent of its jurisdiction...

Read More >

Chancery Discusses Privilege Waiver in Context of Asset Purchase

In DLO Enterprises, Inc. v. Innovative Chemical Products Group, LLC, the Delaware Court of Chancery ...

Read More >

[Video] Hughes Hubbard 2019 FCPA and Anti-Bribery Alert, Part 1: Overview with Kevin Abikoff

Welcome to a special five-part podcast series from the Compliance Podcast Network. In this series I ...

Read More >