July 10, 2024 | Delaware Business Court Insider
Chancery Finds Governance Provisions of a Pre-IPO Stockholders' Agreement Invalid for Transgressing DGCLWhile the Delaware General Corporate Law (DGCL) is a broadly enabling statute, a number of recent decisions have found limits to parties' ability to renegotiate internal corporate governance by "private ordering" outside of the corporate charter and bylaws.
By Michael Gonen
7 minute read
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