2015 Amendments to the Delaware General Corporation Law
Morris Nichols attorneys Jeff Wolters and Dan Matthews contributed an article on 2015 amendments to the Delaware General Corporation Law (DGCL). The authors discuss important changes which include the addition of a prohibition on “fee-shifting” charter and bylaw provisions for stock corporations, express authorization of exclusive forum provisions, amendments confirming that the DGCL provides the flexibility to affect “at the market” stock offerings, significant revisions to the Delaware ratification statute and important amendments to the DGCL provisions governing public benefit corporations.
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Jeffrey R. Wolters and Daniel D. Matthews, “2015 Amendments to the Delaware General Corporation Law,” Insights: The Corporate & Securities Law Advisor (July 31, 2015)