Vice Chancellor Lori Will of the Delaware Court of Chancery. Courtesy photo Chancery Court Rejects Settlement of Excessive-Compensation Claim for Lack of Balance
The decision not to approve a resolution agreed to by both sides is uncommon, but Vice Chancellor Lori Will concluded that each side's "give" and "get" didn't even out.
June 01, 2023 at 05:13 PM
3 minute read
Corporate Governance
Vice Chancellor Lori Will rejected a settlement that could have ended a shareholder's excessive-compensation case against Universal Health Services Inc., deciding Thursday that it didn't involve enough concessions on the health care company's end.
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