As we have previously noted, exclusive forum bylaws potentially offer protection from the risks of multi-jurisdictional litigation.  Recent developments include the withdrawal of an appeal from a Delaware Court of Chancery decision that found such bylaws facially valid and additional feedback from proxy advisory firms.  This alert provides an overview of questions that remain unresolved and provides guidance to companies and stockholders considering exclusive forum bylaws.
Publication:
C&G Alert
Related Attorneys:
Bonnie J Roe, Daniel H Tabak
Related Practices:
Commercial Litigation, Directors and Officers Litigation, Corporate Governance and Disclosure
Office:
New York