“It may be that this case fills some gap that somebody concludes wasn’t properly filled in in the legislation itself”.
Our partner Shireen Barday shares her thoughts with Bloomberg Law on how Delaware’s courts will interpret a swiftly drafted law that effectively mooted a 2024 decision striking down most of the pact between Ken Moelis and his investment bank, Moelis & Co.
While clients seeking stability found reassurance in the legislative moves to restore balance between controllers and minority shareholders, the Delaware Supreme Court’s opinion on the Moelis decision could signal what the law known as S.B. 313 will look like in practice.
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