Battle over shareholder pacts strains Delaware’s business courts ...Middle East

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Battle over shareholder pacts strains Delaware’s business courts
The proposed bill expands the breadth and power of stockholder agreements, which are often used by activist investors to gain board seats and by founders to coordinate control. It was adopted in the legislature in the wake of recent decisions by the state’s specialized business court and has drawn criticism from that court’s chief judge. […] The post Battle over shareholder pacts strains Delaware’s business courts appeared first on NY Times News Today.

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