Proposed corporate law changes that are dividing Delaware’s legal community went to legislators Wednesday, when a state Senate committee heard from several of the measure’s backers and members of the public.
The version of Senate Bill 21 set for a vote as soon as this week includes last-minute tweaks to the draft approved Monday by the Corporation Law Section, an influential state bar committee. The bill no longer gives judges in ongoing cases explicit permission “to reach an outcome consistent with one that would be dictated by this act"—language that drew fire for appearing to suggest the changes could apply ...
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