By Nicholas O’Keefe, Edward Deibert, Ronald Levine II, Michael Isaacs, Alexa Jones, Brandon Hauver and Evan Leitch ( January 22, 2018, 1:33 PM EST) -- The first two of the decisions in part two of this three-part series are Delaware Court of Chancery fiduciary duty cases relating to controlling stockholders. The third decision concerns a takeover defense, and makes clear that under Delaware law, bylaws cannot require supermajority stockholder approval for removal of directors....
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