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Channel: Supermajority vote – CALIFORNIA CORPORATE & SECURITIES LAW
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Why Some Delaware Corporations May Be Concerned With California’s...

Section 710(b) of the California Corporations Code defines a “supermajority vote” as a requirement set forth in a corporation’s articles of incorporation (or certificate of determination) that...

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Would Glass Lewis Have Anything To Do If It Were Consistent?

Ralph Waldo Emerson famously derided a foolish consistency, famously writing in his essay, Self-Reliance: “With consistency a great soul has simply nothing to do. He may as well concern himself with...

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