Among the perennial hot topics in Delaware law is the intersection between freedom of contract and internal corporate governance law—two fields in which Delaware's courts have national and even international renown. While 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. These decisions have prompted a flurry of legislative activity—including a pending bill to introduce a new Section 122(18) to the DGCL, granting legislative sanction to some of these stockholders' agreements. The latest case to address this field of controversy is Wagner v. BRP Group, C.A. 2023-0150-JTL, which once again finds some governance provisions of a pre-IPO stockholders' agreement facially invalid for transgressing the DGCL.