Delaware Courts Provide Another Narrow Reading Of An Advanced Notice Bylaw Provision.

Mondaq Business BriefingNbr. 2008, March 2008

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Delaware Courts Provide Another Narrow Reading Of An Advanced Notice Bylaw Provision.

On April 14, 2008, in Levitt Corp. v. Office Depot, Inc., 2008 WL 1724244, the Delaware Chancery Court issued another opinion narrowly construing a bylaw requiring advance stockholder notice of an intent to submit a proposal at an annual stockhold...

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