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Articles Posted in Best Chicago area shareholder dispute and shareholder freeze out attorneys

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Changes to Delaware Corporate Law Concerning Officer Liability for Breach of Fiduciary Duties

Earlier this year, the governor of Delaware signed Senate bill 273 which amended various provisions of the Delaware General Corporation Law (GCL). The changes became effective August 1, 2022. Most notable among the changes was the amendment of Section 102(b)(7) of the GCL to allow corporations to exclude or limit…

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