Renee Zaytsev

Proposed law could curb shareholder litigation and give boards new defenses, Renee Zaytsev says It’s no secret that Delaware – the state of choice for so many companies to incorporate – has come under fire recently, with certain judicial decisions receiving unusually widespread criticism and high-profile companies choosing to reincorporate elsewhere. These events have prompted Delaware lawmakers to release proposed amendments to the Delaware General Corporation Law in Senate Bill 21 (SB 21), and the Corporation Law Council (CLC) has now weighed in with proposed edits. If these amendments become law – and all indications are that they will, and…