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Delaware Business Dispute Blog

Section 273

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What Remedies are Available in a DGCL Section 273 Joint Venture Dissolution Action?

By Carl D. Neff on October 6, 2020

In a prior post, we discussed the standards required to obtain relief under Section 273 of the Delaware General Corporation Law (“DGCL”), i.e. (i) that a Delaware corporation has two 50/50 stockholders, (ii) that the company is engaged in a joint venture, and (iii) the 50/50 stockholders are unable to agree as to whether…

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