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Delaware Corporate Law Amendments - SB21: Navigating Recent Changes to Corporate Governance 2025

Content Provider
American Law Institute CLE
Product
CLE
Run Time
61 Minutes
Recording Date
05/28/2025
Presenter(s)
Robert L. Burns, Y. Carson Zhou, Miaoting Wu
Learning Method
On-Demand Training
Practice Area
Corporate and Business Law
Persona
CLE OnDemand

Price $219.00

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Description

Recent amendments to the Delaware General Corporation Law represent the most extensive changes to Delaware corporate law in decades. Designed to reduce the instance of shareholder litigation and defer to the decisions of independent directors and disinterested stockholders, these amendments have far-reaching implications not just for Delaware corporate practice, but also for corporate practice across the country. In transactions where interested directors, officers, controlling stockholders, and/or control group members are involved, these recent amendments to the Delaware General Corporation Law significantly expand safe harbor protection. Join us for deeper insight on these major changes, as well as key takeaways and considerations for companies that may be impacted. Topics include: - How do the recent Delaware corporate law amendments impact conflict-of-interest deals involving directors, officers, and controlling stockholders? - Who qualifies as a controlling stockholder or disinterested director? - Doest the bill remove duty of care liability for controlling stockholders? - What are the new requirements and limits for stockholder access to corporate records? Private practitioners—whether litigators or transactional attorneys—of corporate governance law, and corporate in-house counsel will benefit from this program.

Literature

State Status Total Credits Type Of Credit Approved Thru
AlabamaApproved1.00General12/31/2025
AlaskaApproved1.00GeneralOn-going
ArizonaApproved1.00GeneralOn-going
ArkansasApproved1.00GeneralOn-going
CaliforniaApproved1.00Participatory05/28/2030
ColoradoApproved1.00General12/31/2027
ConnecticutApproved1.00GeneralOn-going
DelawareApproved1.00General05/27/2027
FloridaApproved1.00General04/30/2027
GeorgiaApproved1.00General12/31/2025
HawaiiApproved1.00General05/28/2027
IdahoApproved1.00General05/28/2030
IllinoisApproved1.00General08/24/2027
IndianaApproved1.00General09/25/2026
IowaApproved1.00General05/27/2026
KansasApproved1.00General08/27/2026
KentuckyApproved1.00General06/30/2026
LouisianaApproved1.02General08/27/2026
MainePending State Response0.00
MinnesotaApproved1.00General09/10/2027
MissouriApproved1.20GeneralOn-going
MontanaApproved1.00General05/28/2028
NebraskaApproved1.02General05/27/2027
NevadaApproved1.00General12/31/2028
New HampshireApproved1.00General05/27/2028
New JerseyApproved1.00GeneralOn-going
New MexicoApproved1.00General05/27/2030
New YorkApproved1.00SkillsOn-going
North CarolinaApproved1.00General02/28/2026
North DakotaApproved1.00General05/28/2028
OhioApproved1.00General12/31/2025
OklahomaApproved1.00General09/17/2026
OregonApproved1.00General05/28/2028
PennsylvaniaApproved1.00General08/27/2027
Puerto RicoApproved1.02General10/19/2026
Rhode IslandApproved1.00General06/30/2026
TennesseeApproved1.02General08/27/2026
TexasApproved1.00General08/31/2026
UtahApproved1.00General12/31/2025
VermontApproved1.00GeneralOn-going
VirginiaPending State Response0.00
WashingtonApproved1.00General05/27/2030
West VirginiaApproved1.22GeneralOn-going
WisconsinApproved1.00GeneralOn-going
WyomingApproved1.00General08/27/2026

Speakers