When a Delaware court concludes that dissident stockholders haven’t complied with a valid advance notice bylaw, it doesn’t usually give them another bite at the apple, but that’s what the Chancery Court did earlier this week in Vejseli v. Duffy, (Del. Ch.; 5/25). In that case, Vice Chancellor Bonnie David concluded that allowing the dissidents to resubmit […]
Advance Notice Bylaws: Chancery Gives Dissidents Another Bite at the Apple