Munger, Tolles & Olson Corporate Team Publishes Law360 Article on Delaware Senate Bill 21

Munger, Tolles & Olson’s Andy Garelick, Nate Sussman and Cy Emeka Ray co-authored an article in Law360 titled “What Delaware Corporate Law Rework Means for Founder-Led Companies,” which discusses Delaware’s newly passed Senate Bill 21 (“S.B. 21”) and its implications for corporate governance.

The article examines key amendments to the Delaware General Corporation Law that primarily address transactions with insiders and controlling stockholders and the scope of stockholder books-and-records requests. The authors analyze how these changes are likely to impact corporate governance practices, particularly in the context of founder-led corporations.

Munger, Tolles & Olson’s corporate group represents companies, sponsors, founders and ultra-high-net-worth individuals in mergers and acquisitions, joint ventures, debt and equity financings and investments, recapitalizations and restructurings, and technology transactions. It also advises clients on corporate governance matters, stock exchange rules and securities law issues.

Read the full Law360 article. (Subscription required)