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What Del. Corporate Law Rework Means For Founder-Led Cos.

By Andrew Garelick, Nathaniel Sussman and Cy Emeka Ray ( March 28, 2025, 2:59 PM EDT) -- S.B. 21, which passed in the Delaware General Assembly and was signed into law on March 25, garnered national attention and an enormous volume of commentary. Through amendments to the Delaware General Corporation Law, S.B. 21 attempts to address a number of perceived issues that have emerged in Delaware case law on corporate governance....

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