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Jan 17, 2020

Your Corporate Client Made a Big Mistake-Delaware Law to the Rescue

On January 17, 2020, Scott Watnik’s article, “Your Corporate Client Made a Big Mistake – Delaware Law to the Rescue,” was published on BloombergLaw.com.   In the article, Scott explains how an often overlooked law, Sections 204 and 205 of the Delaware General Corporate Law, can retroactively fix mistakes in some corporate transactions.   Scott has the distinction of being the only lawyer to date in the nation who has represented a shareholder, from case inception through appeal, in the only case involving this law to be fully tried in Delaware’s Chancery Court and subsequently heard on appeal in Delaware’s Supreme Court.   If you have any questions or would like to discuss how your company may use Sections 204 and 205, please contact Scott at swatnik@wilkauslander.com or at (212) 981-2300.