Corporations can require that lawsuits be brought in Del., chancellor rules

Corporations are entitled to enact bylaws stipulating that shareholders must file lawsuits in Delaware, according to a ruling by Chancellor Leo Strine of the Delaware Court of Chancery. One advantage of such a bylaw is that it would allow corporations to prevent shareholders from filing lawsuits in multiple courts in response to merger announcements.

View Full Article in:

Wall Street Journal (tiered subscription model), The

Published in Brief:

SmartBrief Job Listings for Business

Job Title Company Location
Vice President, Girls and Women Strategy
United Nations Foundation
Washington, DC
Pharmacy Benefit Analyst/ Auditor
Confidential
Nationwide, SL_Nationwide