Doubling Down on “Plain Language”: Delaware Court Extends In re VAALCO Energy by Invalidating Supermajority Vote Requirement for Director Removal
Court finds that plain language of DGCL §141(k) unequivocally requires only a simple stockholder majority to remove members of an unclassified board of directors
Robert S. Reder
Professor of the Practice of Law at Vanderbilt University Law School, has been serving as a consulting attorney at Milbank, Tweed, Hadley & McCloy LLP in New York City since his retirement as a partner in April 2011
Vanderbilt University, J.D./M.B.A. Candidate, May 2017. Upon graduation, Stanley Onyeador will join the Corporate group at Cravath, Swaine & Moore in New York, New York. Thanks to Professor Reder and the Law Review for the opportunity to publish in this En Banc series.