Previous Next

Shearman & Sterling on Director Compensation and the Delaware Courts

By Doreen E. Lilienfeld and Matthew Behrens October 8, 2018 by Doreen E. Lilienfeld

The Delaware courts have recently rendered a series of decisions, culminating with the Delaware Supreme Court’s December 2017 holding in In re Investors Bancorp, Inc. Stockholder Litigation, No. 169 (Del. 2017) (“Bancorp”), limiting the extent to which the business judgment …

Shearman & Sterling explains Compliance with the Formal Approval Requirements of Delaware Law Required for Stockholder Ratification of Director Compensation

By John J. Cannon III, Kenneth J. Laverriere, Doreen E. Lilienfeld, Linda E. Rappaport and George T. Spera, Jr. November 11, 2015 by Doreen E. Lilienfeld

On October 28th, the Delaware Chancery Court, in Espinoza v. Zuckerberg, et al. (“Espinoza”)[1], held that stockholder ratification of a transaction that was approved by an interested board of directors must be accomplished formally through a vote …

The CLS Blue Sky Blog

Columbia Law School's Blog on Corporations and the Capital Markets

Doreen E. Lilienfeld

Shearman & Sterling on Director Compensation and the Delaware Courts

Shearman & Sterling explains Compliance with the Formal Approval Requirements of Delaware Law Required for Stockholder Ratification of Director Compensation