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Delaware Advance Notice Decisions Highlight Move Toward Enhanced Scrutiny of Board Actions, Even Where Conflicts Exist

Cooley M&A

Inter-Tel , decided in 2007, which held that directors may “use the legal means at their disposal” to influence the stockholder voting process when working in the best interests of stockholders. We have reviewed the bylaws of a number of corporations that have gone public through a deSPAC or traditional IPO process. August 14, 2007).