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In 2022, Delaware courts offered preeminent guidance regarding a wide range of corporate and M&A matters, including stockholder franchise and takeover activities; contractual provisions in M&A documents; transfer restrictions and waivers; dissolution, winding up and receiverships; procedures for management of potential conflicts; inspection and discovery of corporate records and communications; oversight obligations; D&O compensation, indemnification, exculpation, insurance and employment restriction; and corporate ratification and judicial validation. A wave of SPAC-related litigation also swept through the Court of Chancery leaving issues for resolution in 2023.

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