Article
New Day, New Rules: Five Key Aspects Of Amended DGCL Section 144 And Section 220
Delaware's amended Sections 144 and 220, enacted in spring 2025, introduce statutory safe harbors for conflicted transactions and streamlined books and records access. After surviving a constitutional challenge, these provisions are now fully operational, offering corporations greater predictability in handling controller conflicts, board independence determinations, and stockholder inspection demands while reducing litigation burdens.
Skadden Arps Slate Meagher & Flom