Takeover Statutes: Del. Chancery Finds Section 203 Doesn’t Require Informed Vote
Takeover Statutes: Del. Chancery Finds Section 203 Doesn’t Require Informed Vote

Wednesday’s Chancery Court decision in Dodiya v. Franklin, et al. (Del. Ch., 8/26) is one of the few decisions to date interpreting amended Section 144 of the DGCL, but the facts were such that the Chancery Court’s finding that the Section 144(a) safe harbors were unavailable at the pleading stage because it was reasonably conceivable […]

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