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New Del. Rule Not For OKing Future Actions, Judge Says

By Matt Chiappardi ( January 15, 2016, 10:09 PM EST) -- A Delaware Chancery judge Friday denied health care products company Baxter International Inc.'s bid to have its board's resolution over shareholder vote counting validated under a recent statute that enhances the court's power to evaluate corporate acts, ruling that the request goes beyond the boundaries of the new rules....

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