Delaware Corporate Law 2024 Year in Review

2024 proved to be another monumental year in Delaware corporate law and for the Delaware courts. The Court of Chancery had one of its busiest years ever, with 1,357 cases filed, and it underwent significant changes to its bench. Meanwhile, the Delaware legislature passed sweeping revisions to the Delaware General Corporation Law, including amendments regarding stockholders’ agreements, the use of stockholder representatives, contractual provisions concerning penalties for breaches of merger agreements and lost-premium damages, and approvals of merger agreements. The amendments exemplify Delaware’s unique ability to respond swiftly to address matters perceived to be of potential concern to Delaware corporations and their constituents.

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About Potter Anderson

Potter Anderson & Corroon LLP is one of the largest and most highly regarded Delaware law firms, providing legal services to regional, national, and international clients. With more than 100 attorneys, the firm’s practice is centered on corporate law, corporate litigation, intellectual property, commercial litigation, bankruptcy, labor and employment, and real estate.