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Courts Differ on Enforceability of Unilaterally Adopted Forum Selection Bylaws
2014-09-11 20:29:36| Electronics - Topix.net
While forum selection bylaws have become increasingly popular with US public companies, courts in Delaware and Oregon recently came to opposite conclusions on whether such bylaws, when unilaterally adopted by a board of directors concurrently with the approval of a merger transaction, should be enforced. In August, an Oregon court found such a bylaw unenforceable as against public policy.
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Category:Electronics and Electrical
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