Sean Meluney has joined Berger Harris as an associate.
After citing with approval Francis Pileggi's analysis of the Delaware Supreme Court's split decision (4-1, with CJ Strine dissenting) in The Williams Companies, Inc. v. Energy Transfer Equity, L.P. (Del. Mar.
The Institute for Justice (“IJ”) recently filed a case challenging as unconstitutional a rental inspection law in Pottstown, Pennsylvania. From the IJ website:
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Berger Harris has made a contribution to Albert Einstein Academy‘s “Pi-Day Challenge”. The campaign, which runs for 24 hours beginning at 6 p.m. on March 13, 2017, is supported by a group of generous donors who are matching all contributions made by a factor of 3.14, up to a maximum of $100,000.
This case summary was prepared in large part by Brooke Elmi.
In Frechter v. Zier, the Delaware Court of Chancery held that a provision of the defendant corporation’s by-laws requiring a sixty-six and two-third percent (66 2⁄3%) vote to remove a director was invalid under the DGCL. Vice Chancellor Glasscock found that a corporate by-law requiring a vote by more than a simple majority of shares to remove a director was clearly inconsistent with the DGCL Section 141(k).