2015 Amendments to Delaware's General Corporation Law, LLC Act and DRUPA
Navigating Changes to Fee Shifting, Forum Selection, Stock and Option Issuances, Default LLC and LP Voting Requirements, and More
Recording of a 90-minute CLE webinar with Q&A
This CLE course will review the 2015 Amendments to the Delaware General Corporation Law, LLC Act and DRUPA and their impact on corporate governance practices, shareholder litigation, and Delaware LLCs and general and limited partnerships. The panel will discuss best practices for counsel to prepare for and respond to changes impacting fee shifting, forum selection, stock and option issuances, ratification of defective corporate acts, public benefit corporations, default class or group voting requirements, irrevocable delegation of rights, irrevocable proxy, and more.
- Review of 2015 amendments
- Impact on corporate governance
- Impact on shareholder litigation
- Impact on Delaware LLCs, LPs and GPs
The panel will review these and other key issues:
- How will the new amendments to the General Corporation Law of the State of Delaware impact corporate governance practices and shareholder litigation?
- What are the most significant amendments affecting Delaware LLCs, LPs and GPs?
- What guidance do the new amendments provide regarding the fee-shifting and exclusive forum provisions that may be included in bylaws?
- What questions and grey areas linger after the passage of the new amendments?
Christopher M. Winter
Mr. Winter is co-chair of the Finance and Restructuring Transactions division of Duane Morris' Business... | Read More
Mr. Winter is co-chair of the Finance and Restructuring Transactions division of Duane Morris' Business Reorganization and Financial Restructuring Practice Group. Mr. Winter focuses his practice on commercial finance and chapter 11 bankruptcy law and proceedings. Mr. Winter represents direct lenders, commercial banks and other institutions and entities in financing transactions, including cash-flow loans, asset-based loans, real estate mortgage loans, lease financing and financings utilizing New Markets Tax Credits. He also represents lenders in workouts, restructurings and enforcement actions. Mr. Winter regularly advises clients on federal bankruptcy matters and represents their interests in proceedings in the U.S. Bankruptcy Court, including in the District of Delaware. Mr. Winter also regularly provides legal opinions under Delaware law and is a member of the firm's opinion committee.Close
Jennifer V. Barrett
Richards Layton & Finger
Ms. Barrett focuses her practice on transactional matters involving Delaware corporations, including entity formation,... | Read More
Ms. Barrett focuses her practice on transactional matters involving Delaware corporations, including entity formation, mergers and acquisitions, and corporate governance. She also has experience in transactional and commercial litigation in the Delaware Supreme Court and Court of Chancery. She authored several articles on Delaware corporate law.Close
Richard B. Carroll, Esq.
Mr. Carroll concentrates his practice on corporate advisory and governance matters, including a broad range of... | Read More
Mr. Carroll concentrates his practice on corporate advisory and governance matters, including a broad range of corporate, business and commercial transactions. He regularly advises boards of directors and special committees on matters of corporate governance and fiduciary duties. He has significant experience in corporate transactions involving mergers and acquisitions, preferred stock financings, bankruptcies and corporate restructurings. He provides advice and counsel to growth companies and investors as part of his venture capital and private equity practice. He frequently gives legal opinions on matters related to Delaware corporate law.Close