Tag Archives: bylaws
Potential Pitfalls for Startup Founders
Business insiders and investors are well aware of the astronomical sums that have been paid to purchase many high-tech startups recently. Judging by the headlines, it seems as if a minimum of $1 Billion is standard for acquiring any hot new mobile app these days. Just look at Facebook’s acquisitions of Instagram (roughly $1… Finish Reading Potential Pitfalls for Startup Founders
Delaware Proposes Amendments to Bylaws
The Council of the Corporation Law Section of the Delaware State Bar Association recently proposed amendments to the Delaware General Corporation Law (DGCL) prohibiting fee-shifting provisions in the corporation’s bylaws. In addition, the proposed amendments would allow Delaware corporations to designate Delaware courts for litigation, but it would also prohibit Delaware corporations from selecting… Finish Reading Delaware Proposes Amendments to Bylaws