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Status: online âś… (21 hs ago)

Delaware Corporations Can Keep Federal Securities Law Claims Out of State Courts: Delaware Supreme Court Overrules Sciabacucchi

https://businesslawtoday.org/2020/05/delaware-corporations-can-keep-federal-securities-law-claims-state-courts-delaware-supreme-court-overrules-sciabacucchi/ In December 2018, the Delaware Court of Chancery issued an opinion holding that federal-forum charter provisions—those that require plaintiffs to bring actions under the federal securities laws in federal court and not in state court—are “ineffective and invalid.”* Sciabacucchi v. Salzberg, 2018 Del. Ch. LEXIS 578 (Del. Ch. Dec. 19, 2018). At that time […]

Status: online âś… (9 hs ago)

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