Consent in Corporate Law

Recent Delaware case law explores and extends what the author describes as the "doctrine of corporate consent," under which a stockholder is deemed to consent to changes in the corporate relationship that are adopted pursuant to statutory authonty (such as by directors adopting bylaws). Th...

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Veröffentlicht in:The Business Lawyer 2014-12, Vol.70 (1), p.161-173
1. Verfasser: Hamermesh, Lawrence A.
Format: Artikel
Sprache:eng
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Zusammenfassung:Recent Delaware case law explores and extends what the author describes as the "doctrine of corporate consent," under which a stockholder is deemed to consent to changes in the corporate relationship that are adopted pursuant to statutory authonty (such as by directors adopting bylaws). This essay examines whether and to what extent there may be limits on the application oj the doctrine of corporate consent and whether fee-shifting bylaws exceed those limits.
ISSN:0007-6899
2164-1838