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Jurisdictional Updates
July 25, 2024

Delaware – Legislation Amends General Corporation Law 

Senate Bill 313 (Chapter 309) signed by the governor July 17 and effective August 1 amends the General Corporation Law to bring existing law in line with market practice relating to certain stockholder agreements after two recent Chancery Court cases (Moelis and Activision). The bill details can be accessed here and the bill text here.