Del. Lessons For Director-Nominees On Sharing With Activists

By Lauren Boehmke, Brian Frawley and Susan Lindsay (April 16, 2024, 5:47 PM EDT) -- The Delaware Court of Chancery issued a Jan. 16 decision in Icahn Partners L.P. v. deSouza that a director was not permitted to share confidential and privileged information he received in connection with his board service with the activist stockholders that nominated him for election....

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