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Oregon Supreme Court Upholds Delaware Corporation's "Exclusive-Forum" Bylaw
2016-01-01 01:21:03| Electronics - Topix.net
In Roberts v. TriQuint Semiconductor, Inc., 358 Or. 413, __ P.3d ___, 2015 WL 8539902 , the Oregon Supreme Court unanimously held that a Delaware corporation's "exclusive-forum" bylaw, which required that all litigation related to corporate governance be pursued exclusively in the Delaware Court of Chancery, was enforceable under both Delaware and Oregon law, even though the bylaw had been adopted just two days before the announcement of a proposed merger that was likely to result in corporate governance litigation.
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Category:Electronics and Electrical