December 20, 2023 | Delaware Business Court Insider
Calif. Appellate Court Declares Delaware Exclusive Forum Provision UnenforceablePublicly traded corporations increasingly adopted exclusive forum provisions to reduce the risk of burdensome and costly multijurisdictional stockholder litigation. State and federal courts around the country regularly enforced the provisions, dismissing cases not brought in the specified jurisdiction.
By Cliff C. Gardner, Peyton V. Carper and Sukhandeep Kaur
5 minute read
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