Category Delaware Court of Chancery

Corporate Governance: The Basic Legal Framework

May 13, 2013 · by · in Annual Meeting, Board of Directors, Business Judgment Rule, Bylaws, Certificate of Incorporation, Charter, Corporate Governance, Corporation, Creditors, Delaware Court of Chancery, Directors, Dividends, Fiduciary Duty, Proxy, Shareholders · 1 Comment

by Bryan Lane Berson, Esq. Corporations are legal entities and one of several ways to structure a business.  All corporate stakeholders should have a solid grasp of basic corporate governance.  Owners, managers, and shareholders should understand their rights and responsibilities. Incorporators, or promoters, form a corporation by filing a certificate (i.e., articles of incorporation, charter) […]