leadership1 publisher
Chancery puts the new Section 144 safe harbor out of reach for a board that briefed a recused CEO
The Court of Chancery found that a pleaded record of leaked valuations and a recused CEO who still received committee materials put Delaware's 2025 cleansing statute out of reach at the pleading stage. Sidley's partners say process and disclosure now decide it.
Publishers:corpgov.law.harvard.edu
Reality
- Evidence72
- Adoption
- Insufficient
- Hype gap+10
- Incentives65
- Confidence58