Website Heading

CALIFORNIA CORPORATE & SECURITIES LAW

Chancellor Bouchard Rules There Can Be No Ratification Without Works

In reading Chancellor Andre G. Bouchard’s ruling yesterday in Espinoza v. Zuckerberg, 2015 Del. Ch. LEXIS 273 (Del. Ch. 2015), I was reminded of the theological debate among Christians concerning justification by faith.  The case involved a stockholder challenge to the decision by the board of directors of Facebook, Inc. to approve the compensation of…

Share on: