Tag: Delaware ratification statutes
In re Numoda Corporation Shareholders Litigation: Delaware court addresses the new Delaware ratification statutes
by Cydney Posner A recent Delaware opinion, In Re Numoda Corporation Shareholders Litigation, decided on January 30, 2015, appears to be the first opinion to resolve questions under the new Delaware statutes, Sections 204 and 205, which authorize ratification of defective corporate acts by the corporation and the Delaware courts, […]
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