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Investor Group Wants Slowdown On Del. Corporation Law Bill

By Jeff Montgomery ( May 20, 2024, 8:07 PM EDT) -- Critics of a fast-tracked proposal to amend Delaware's General Corporation Law to give controlling stockholders wider influence or vetoes over some board decisions are urging the state's bar association to tap the brakes, following a Chancery Court decision striking down a Moelis & Co. stockholder agreement as flouting existing law. . . .

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