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Delaware Corporations Must Employ Procedural Safeguards When Approving a Reincorporation that Could Benefit a Controlling Stockholder to Avoid Entire Fairness Standard of Review https://t.co/7zIPJQjevM #Corporation #Safeguard #Stockholder @business https://t.co/R9DcYNxpPc
Delaware Corporations Must Employ Procedural Safeguards When Approving a Reincorporation that Could Benefit a Controlling Stockholder to Avoid Entire Fairness Standard of Review https://t.co/7zIPJQjevM #Corporation #Safeguard #Stockholder @SheppardMullin https://t.co/ijAE0b0P8o
Delaware Corporations Must Employ Procedural Safeguards When Approving a Reincorporation that Could Benefit a Controlling Stockholder to Avoid... https://t.co/AMyZIlopCw | by @SheppardMullin
Delaware's elite corporate law court is influencing the definition of a controlling shareholder. Judges overseeing shareholder class actions are urged to consider reports by short sellers. Delaware corporations are advised to use procedural safeguards when approving a reincorporation benefiting a controlling stockholder to avoid the Entire Fairness Standard of Review.