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Start-Up Companies and Venture Capital
VantagePoint v. Examen Inc.
In VantagePoint, a Delaware court is asked to rule on whether California's quasi-corporation statute's requirements for class votes in a merger is binding on a Delaware corporation. No surprise, the Delaware court rules no. Notwithstanding VantagePoint, for certain corporations located in California, 2115 remains a live issue, especially if it is tested in a California court.
Delaware Supreme Court
871 A.2d 1108
No. 127, 2005
2005-05-05
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