On Tuesday, Delaware Gov. Matt Meyer signed SB 21 into law. The legislation amends Section 144 of the DGCL to, among other things, establish broad safe harbors for transactions with controlling stockholders and other insiders. It also significantly narrows the information available pursuant to a books & records demand under Section 220 of the DGCL. While […]
DGCL Amendments: Is SB 21 Constitutional?