Developments in Delaware corporate law are critically important to lawyers in Massachusetts and elsewhere because of the large percentage of Delaware corporations and other entities formed and represented by these lawyers. Recent changes in Delaware statutory and decisional law are significant. The standards of judicial review of fundamental and interested party transactions are evolving. Delaware amendments that permit validation of defective corporate actions are increasingly being used. Applying fiduciary duties to non-corporate entities and limiting or eliminating those duties is seeing continued development. Appraisal as a remedy, with associated uncertainties and approaches to valuation, is an emerging area. Grappling with disclosure-only claims challenging fundamental transactions has become commonplace. Lawyers dealing with Delaware corporate law must be adept at navigating these changes.
An experienced panel comprised of a Delaware corporate counsellor, a Delaware corporate litigator, a Delaware corporate academic, and a Massachusetts corporate lawyer who frequently confronts Delaware law issues analyze the latest developments affecting corporate practice.
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