BLT: July 2013

 

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DELAWARE INSIDER: Multi-forum Litigation: Delaware Court of Chancery Upholds Board-Approved Forum Selection Bylaws

The problem of multi-forum litigation, wherein shareholders simultaneously challenge a single transaction in many courts throughout the country, has garnered lots of attention from the judiciary, scholars, and the popular press. One potential solution the Delaware Court of Chancery recently confronted is the enactment of so-called "forum selection bylaws."