Proposed Changes to Delaware Law Would Facilitate Ratification of Defective Corporate Acts, Disposition of Pledged Assets, Stock Splits and Changes to the Number of Authorized Shares

Wall Street Lawyer

Allison L. Land Edward B. Micheletti

Partners Allison Land and Edward Micheletti discuss proposed amendments to Delaware corporate law that would simplify the processes for:

  • Ratifying defective corporate acts.
  • Disposing of pledged assets.
  • Effecting stock splits.
  • Changing the number of authorized shares.