2020 Amendments to the General Corporation Law of the State of Delaware
July 2020
Publication| Corporate Governance| Corporate Transactions| Corporate & Chancery Litigation
The 2020 amendments to the Delaware General Corporation Law make several important changes, including clarifying the circumstances under which emergency bylaws may be invoked, providing safe harbors for specified corporate actions taken during an emergency condition, reducing the statutory hurdles to become a public benefit corporation, providing further definition around mandatory indemnification for officers and effecting other technical changes.