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After Serving on Delaware’s Court of Chancery, Former Vice Chancellor Slights Joins the Firm’s Corporate Governance Practice as a Partner in the Wilmington Office Contact:Wayne KesslerBaretz+Brunelle732.239.9710 Mobilewkessler@baretzbrunelle.com PALO ALTO, CA (August 8, 2022) – Wilson Sonsini Goodrich & Rosati, the premier provider of legal services to technology, life sciences, and growth…
Among the recently enacted changes to the Delaware General Corporation Law (DGCL) that were described in our August 1, 2022 Client Alert are some that provide more flexibility for boards of directors of Delaware corporations to delegate to management the authority to grant equity awards (for this article, this will be referred to as a management equity grant committee). These changes, which were…
On July 28, 2022, the Attorney General of the State of New York (NYOAG) flexed its antitrust muscle and brought suit against CVS Health in Manhattan state court. The NYOAG accuses CVS of violating the Donnelly Act, New York's state antitrust law, by illegally tying access to Contract Pharmacy services at CVS retail and specialty pharmacies to use of CVS third-party administrator (TPA) services…
Effective August 1, 2022, the Delaware General Corporation Law (the DGCL)—the statutory code that governs Delaware corporations—has been amended to make several significant changes. Among other things, the amendments will allow Delaware corporations to adopt charter provisions to exculpate officers from personal liability in certain contexts, and the amendments will also give corporations greater…
Wilson Sonsini was honored as a 2022 "California Powerhouse” by Law360 as part of the publication’s 2022 Regional Powerhouses feature. Overall, Law360 recognized 43 law firms handling some of the biggest deals and most high-profile courtroom battles across nine states, offering clients regional expertise and making a lasting impact on the law at the state and local level. The 2022 California…