Senate Bill 21

Subscribe to Senate Bill 21 via RSS

Major Decisions and Legislative Reforms Shape Corporate Governance

If 2024 was the year Delaware’s corporate law establishment got nervous, 2025 was the year it fought back. And fought back hard.

For those of us who follow Delaware corporate law closely, the past year has been nothing short of remarkable. What began with hand-wringing over the…

The recent amendments to Section 220 of the Delaware General Corporation Law (DGCL) are, in a word, significant. These amendments fundamentally shift how stockholders can access corporate books and records. The changes, which came through Senate Bill 21 enacted on March 25, 2025, attempt to strike a balance between stockholder rights and corporate efficiency—but…