We previously discussed officer exculpation under Delaware law shortly after the Delaware legislature amended Section 102(b)(7) of the Delaware General Corporation Law in 2022 to expand exculpation to ...

With Delaware’s officer exculpation law now in its third proxy season, how are companies faring at the ballot box? In this week’s blog, my colleague Lenin Lopez offers insight into what’s working, ...

Datadog recently announced its intention to propose changes to its corporate bylaws, including officer exculpation, at the upcoming AGM. This move aligns with modern governance practices but took ...

Carvana approved amendments to its corporate bylaws at its recent Annual General Meeting, introducing an exculpation of certain officers. This move coincided with its stock price surging 59% over the ...

We would expect incorporators and their counsel to consider including officer exculpation in the certificates of incorporation of newly formed companies and the directors and stockholders of existing ...

Two new Court of Chancery complaints have been filed claiming a Delaware corporation put an officer exculpation amendment in place without giving shareholders a chance to vote. The suits filed ...

Globalstar, Inc. (NYSEAMERICAN:GSAT), a $2.42 billion market cap communication services company, announced the approval of a key corporate governance amendment following its annual stockholders ...

Twist Bioscience Corporation (NASDAQ:TWST), a synthetic DNA specialist with a market capitalization of $2.8 billion, recently held its Annual Meeting of Stockholders, resulting in significant ...