Highlands Bunker – Are Multinational Billion Dollar Corporations Brazenly Using Delaware’s Corporate Law Cabal to Further Enrich Themselves?
There are some Highlands Bunker Episodes in which REV and the gang goof around a bit. This is not one of those episodes.
Are corporate lobbyists using the secretive process that updates the general corporation law to impact a pending settlement? Chance from Chancery Daily joins Rob in the bunker to talk about how an AMC case in Chancery Court might be affected by Delaware’s yearly update to the corporate law, and why the Delaware Way should be about integrity and not secrecy.
Show Notes:
In a recent filing in the AMC matter, which is still pending in the Court of Chancery since the class action settlement requires review and approval, an attorney for the plaintiffs noted that the settlement must be good because the legislature is already considering changing the code before the matter is closed.
#SB114