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Delaware Supreme Court provides guidance on the interpretation of advance notice bylaws

By The Special Situations Team on September 14, 2015

According to a recent Delaware Supreme Court decision, advance notice bylaws are to be interpreted by “their commonly accepted meaning unless the context clearly requires a different one or unless legal phrases having a special meaning are used.”[1] The plain…

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Norton Rose Fulbright’s Special Situations Team has played a leading role in Canada’s most high-profile shareholder activist and defense mandates, as well as complex reorganization transactions. The Special Situations Law blog is about sharing our insights with you. With videos discussing shareholder activism, links to relevant case law and legislation, and incisive commentary about regulatory and legal developments, our blog includes a wealth of resources and perspectives on special situations law.

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