Vice Chancellor Joseph Slights Chancery Confirms Directors May Reject Board Nominations if Bylaws Aren't Met
It's the first time the court has had to analyze the merits of such a case at trial, though it reinforces what some Delaware practitioners have thought for years.
October 14, 2021 at 04:00 PM
4 minute read
For the first time, the Court of Chancery has decided a company's board can refuse to put potential directors up for election if certain disclosures aren't made in a nomination notice.
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