1.0CLP Bloghttps://clpblog.citizen.orgScott Nelsonrich600338<blockquote class="wp-embedded-content" data-secret="UKNLJ0VRGh"><a href="https://clpblog.citizen.org/delaware-chancery-court-rejects-forced-shareholder-arbitration/">Delaware Chancery Court Rejects Corporate Forum Selection Clauses, With Potential Implications for Forced Shareholder Arbitration (Amended)</a></blockquote><iframe sandbox="allow-scripts" security="restricted" src="https://clpblog.citizen.org/delaware-chancery-court-rejects-forced-shareholder-arbitration/embed/#?secret=UKNLJ0VRGh" width="600" height="338" title="“Delaware Chancery Court Rejects Corporate Forum Selection Clauses, With Potential Implications for Forced Shareholder Arbitration (Amended)” — CLP Blog" data-secret="UKNLJ0VRGh" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"></iframe><script type="text/javascript"> /* <![CDATA[ */ /*! This file is auto-generated */ !function(d,l){"use strict";l.querySelector&&d.addEventListener&&"undefined"!=typeof URL&&(d.wp=d.wp||{},d.wp.receiveEmbedMessage||(d.wp.receiveEmbedMessage=function(e){var t=e.data;if((t||t.secret||t.message||t.value)&&!/[^a-zA-Z0-9]/.test(t.secret)){for(var s,r,n,a=l.querySelectorAll('iframe[data-secret="'+t.secret+'"]'),o=l.querySelectorAll('blockquote[data-secret="'+t.secret+'"]'),c=new RegExp("^https?:$","i"),i=0;i<o.length;i++)o[i].style.display="none";for(i=0;i<a.length;i++)s=a[i],e.source===s.contentWindow&&(s.removeAttribute("style"),"height"===t.message?(1e3<(r=parseInt(t.value,10))?r=1e3:~~r<200&&(r=200),s.height=r):"link"===t.message&&(r=new URL(s.getAttribute("src")),n=new URL(t.value),c.test(n.protocol))&&n.host===r.host&&l.activeElement===s&&(d.top.location.href=t.value))}},d.addEventListener("message",d.wp.receiveEmbedMessage,!1),l.addEventListener("DOMContentLoaded",function(){for(var e,t,s=l.querySelectorAll("iframe.wp-embedded-content"),r=0;r<s.length;r++)(t=(e=s[r]).getAttribute("data-secret"))||(t=Math.random().toString(36).substring(2,12),e.src+="#?secret="+t,e.setAttribute("data-secret",t)),e.contentWindow.postMessage({message:"ready",secret:t},"*")},!1)))}(window,document); /* ]]> */ </script> Alison Frankel of Reuters reports that the Delaware Chancery Court has held that Delaware corporations lack authority to include in their charters "forum selection clauses" applicable to federal securities fraud claims asserted by shareholders. Put more simply, the ruling limits corporate power to tell shareholders where they have to file their claims. As Frankel's article [...]