Delaware Supreme Court Upholds Landmark Statutory Amendments
Delaware Supreme Court Upholds Landmark Statutory Amendments
On February 27, 2026, the Delaware Supreme Court upheld recent amendments to the Delaware General Corporation Law (the DGCL) that provide safe harbor procedures for board decisions and corporate transactions involving director, officer, or controlling stockholder conflicts. The decision is a welcome development, and the statutory provisions at issue will continue to shape board decision-making and transaction planning for many companies and investors.... By: Wilson Sonsini Goodrich & Rosati