The Management-Friendly Nature Of Delaware Courts

Law360, New York ( August 17, 2015, 10:46 AM EDT) -- Sometimes, the Delaware courts issue decisions that are nothing more than a straightforward application of state law, breaking no new ground. In these moments of clarity, they often demonstrate the degree to which Delaware law favors management at the expense of shareholders. They demonstrate why, as the decades progress, more and more areas of state corporate law will be preempted....

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