annmlipton,
@annmlipton@esq.social avatar

was waiting for this opinion re: whether directors owe duties to "diversified" shareholders.

awesome opening, correct as to doctrine, but there's a lot of tension in the doctrine

https://courts.delaware.gov/Opinions/Download.aspx?id=363410

annmlipton,
@annmlipton@esq.social avatar

wait what

image/png

luis_in_brief,
@luis_in_brief@social.coop avatar

@annmlipton surprised because you don't think that would work? or because never, on the coldest day in hell, would "corporate planners" adopt such language?

annmlipton,
@annmlipton@esq.social avatar

@luis_in_brief surprised bc it's been an ongoing debate re: abandoning wealth max in the charter

luis_in_brief,
@luis_in_brief@social.coop avatar

@annmlipton oh, interesting!

luis_in_brief,
@luis_in_brief@social.coop avatar

@annmlipton this looks fascinating and... urk, 102 pages. Day job beckons, sadly.

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