California Court Rules That Directors Cannot Change Bylaws To Protect Themselves After Alleged Wrongdoing Occurs

Mondaq Business BriefingUnited States Law Articles in English (2011)

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California Court Rules That Directors Cannot Change Bylaws To Protect Themselves After Alleged Wrongdoing Occurs

Originally published February 3, 2011

Keywords: corporate directors, shareholder derivative actions, Oracle, corporate bylaws

Judge Richard Seeborg of the Northern District of California recently considered the question of whether corporate directors may control the venue for shareho...

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